In the summer of 2019, the Royal Mint minted a million 50 pence coins commemorating Brexit, which was supposed to happen on October 31. After that deadline for Brexit was missed, the initial plan was to melt all the million coins carrying the wrong date. The final decision was to melt all but 10,000 coins, which would be sold to collectors at £10 each. The Chancellor of the Exchequer Sajid Javid suggests that melting the coins is costly, and taxpayers will foot the bill. However, the marginal cost of melting 10,000 coins is negligible, as is the value of the metal used to produce it. a. Suppose that the Bank of England’s goal was to maximize profit, and it did so optimally. Given the zero marginal cost of melting an additional coin, what can be said about the elasticity of demand for October 31 Brexit memorial coins at the current (optimal) price?b. Assuming the demand is linear, derive the demand curve. In other words, find and in abthe equation .=a―bP

Which statement below best describes george waring's approach to solving the problems of water-borne illness? a. waring is going with his "gut," because he believes that instincts and emotions are the best guides for action. b. waring efficiently and thoroughly lays out the case for why the problems are too large and overwhelming to be solved: people should just move out of cities back to their farms. c. waring has gathered the testimonies of people who live in densely populated areas in order to learn how they themselves have solved their problems. d. waring exhibits the industrial age's increased respect for and reliance on science and the scientific method.

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.

Creation landscaping has 1,000 bonds outstanding that are selling for $1,280 each. the company also has 2,000 shares of preferred stock outstanding, currently priced at $27.20 a share. the common stock is priced at $37.00 a share and there are 28,000 shares outstanding. what is the weight of the debt as it relates to the firm's weighted average cost of capital?