The controller for camden’s bike shop has gathered the following cost and activity level information: average total cost per unit $225.00 production level used to calculate average cost 1,000 total fixed costs $80,000 what is the total cost of producing 1,000 racing bicycles? what is the variable cost of producing each racing bicycle? suppose the controller uses the average cost to predict total costs. what total cost would the controller calculate for 2,500 racing bicycles? if the controller uses the cost equation to predict total costs, what total cost would the controller calculate for 2,500 racing bicycles? is there a difference between the forecasted total cost using average cost versus the cost equation? if there is a difference, what creates the difference? if there is no difference, when would there be a difference?

What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.