The Royal Ranch Pool Supply Corporation manufactures chlorine test kits. The kits have an expense equation of E = 5.159 + 23,500.

What is the average cost per kit of producing 3,000 test kits? Round

to the nearest cent.

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.