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Managerial Economics
Airline Ticket Prices
Prepare a 2-3 page paper using APA format discussing Airline Ticket Prices.
An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense?
Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.
Explain, using the prisoners dilemma analysis, why cooperation can be mutually beneficial, but if conditions prevent cooperation or collusion from happening, the outcome is worse for both parties.
Why are there laws setting minimum wages for workers and maximum rents for housing?
Why is it important to an upwardly mobile manager
Intel, in turn, wants to produce high-speed microprocessors only if there is popular software on the market that requires high-speed processing. Is this a game of competition or coordination? What is the equilibrium?
The Last Outpost is a tourist stop in a western resort community. Kerry Yost, owner of shop, sells hand woven blankets for an average price of 30 dollar per blanket.
Discuss the pros and cons of this policy compared to a policy of simply giving a cash bonus to employees of a similar dollar value.
What fiscal policy would you recommend to eliminate the inflationary or recessionary gap in the following scenarios?
Calculate the marginal and average variable product of each unit of labor input and calculate total, average total, average variable, and marginal costs.
What is the daily quantity they should supply? At what price? What is the profit in this case? What is the price elasticity of demand at this price/quantity combination? Explain.
Need help with a paper that uses the material in Managerial Economics to analyze, compare, and contrast some of the most popular online auction sites.
A perfectly competitive company has the following fixed and variable costs in short run. The market price for the company's product is $150.
Find Martina's optimal effort level. Now assume that Xerox compensates Martina based on her sales relative to the average sales for salespeople in the company.
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