Radio stations, tornado sirens, light houses, and street lights are all public goods in that all are nonrival and nonexclusionary. therefore why does the government provide tornado sirens, street lights and light houses but not radio stations (other than pbs stations)?

marketing strategies should be established before marketing objectives are decided. t/f

The questions of economics address which of the following ? check all that apply

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?