Reducing Prices to Move Merchandise Olympic Sports purchased two dozen pairs of 5th Element Adult Aggresive in-line skates at a cost of $1950. Operating expenses for the store are 25% of cost, while total markup on this type of product is 35% of selling price. Only 6 pairs of the skates sell at the original price, and the manager decides to mark down the remaining skates. The price is reduced 25% and 6 more pairs sell. The remaining 12 pairs of skates are marked down to 50% of the original selling price and are finally sold. Required:
a Find original selling price of each pair of skates.
b. Find the total of the selling prices of all the skates.
c. Find operating loss-
d. Find absolute loss.

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 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 the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?

Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?