. Consider the choice model given below: ChoiceChoice Probability Product 0 (no buy)1/[1+exp⁡(1.25-.8p_1 )+exp⁡(1.5-.8p_2 )+exp⁡(1.75-.8p_3 )+exp⁡(2-.8p_4 ) ] Product 1exp⁡(1.25-.8p_1 )/[1+exp⁡(1.25-.8p_1 )+exp⁡(1.5-.8p_2 )+exp⁡(1.75-.8p_3 )+exp⁡(2-.8p_4 ) ] Product 2exp⁡(1.5-.8p_2 )/[1+exp⁡(1.25-.8p_1 )+exp⁡(1.5-.8p_2 )+exp⁡(1.75-.8p_3 )+exp⁡(2-.8p_4 ) ] Product 3exp⁡(1.75-.8p_3 )/[1+exp⁡(1.25-.8p_1 )+exp⁡(1.5-.8p_2 )+exp⁡(1.75-.8p_3 )+exp⁡(2-.8p_4 ) ] Product 4exp⁡(2-.8p_4 )/[1+exp⁡(1.25-.8p_1 )+exp⁡(1.5-.8p_2 )+exp⁡(1.75-.8p_3 )+exp⁡(2-.8p_4 ) ] Calculate the optimal prices that maximize revenues. What is the optimal revenue per customer?

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?

Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is