hmwk key - Updated Week 1 Chapter 2 Multiple Choice Key 1 b...

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Updated 02-20-2015Week 1Chapter 2Multiple Choice Key
Chapter 3Multiple Choice Key
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. Recently, you saw that StubHub was listing similar seats for $225 apiece. What does it cost you to attend the concert?
3-5 StarbucksStarbucks is hoping to make use of its excess restaurant capacity in the evenings by experimenting with selling beer and wine. It speculates that the only additional costs are hiring more of the same sort of workers to cover the additional hours and costs of the new line of beverages. What hidden costs might emerge?
Week 2Chapter 4Multiple Choice Key
4-2 Game Day Shuttle ServiceYou run a game day shuttle service for parking services for the local ball club. Your costs for different customer loads are 1: $30, 2: $32, 3: $35, 4: $38, 5: $42, 6: $48, 7: $57, and 8: $68. What are your marginal costs for each customer load level? If you are compensated $10 per ride, what customer load would you want?
QTCMCTot RevProfit13010-20232220-12335330-5438340-254245086486601275797013868118012Chapter 5Multiple Choice Key
Short Answer5-2 Net Present ValueSuppose an initial investment of $100 will return $50/year for three years (assume the $50 is

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