How many passengers per day does the company

Assignment Help Finance Basics
Reference no: EM131145050

Initially, the bus company charged $1.50 per trip had a ridership of 3,000 passengers per day. The price elasticity after a $0.50 increase in fare is. -0.5 How many passengers per day does the company have after the fare increase

Reference no: EM131145050

Questions Cloud

Show the new steady-state equilibrium : Chart the time path of the adjustment to the new steady state. Does the investment ratio rise during transition? If so, is this effect temporary?
What are capital''s and labor''s shares of income : Consider the following production function: Y K.5 ( AN ) .5 , where both the population and the pool of labor are growing at a rate n .07, the capital stock is depreciating at a rate d .03, and A is normalized to 1.
What will happen to real gdp and to the amount of labor emp : Using the “New Keynesian” model, suppose households increase their rates of savings (due to some exogenous event). What will happen to real GDP and to the amount of labor employed, aggregate consumption, and aggregate savings? Compare these results t..
Business communication for mba the johari window model : business communication for MBA- The Johari Window is a disclosure/feedback model of awareness, named after Joseph Luft and Harry Ingham.
How many passengers per day does the company : Initially, the bus company charged $1.50 per trip had a ridership of 3,000 passengers per day. The price elasticity after a $0.50 increase in fare is. -0.5 How many passengers per day does the company have after the fare increase
Calculate a sample mean of 4 point1 tons of recycling : A city wants to know the amount of recycling collected on an average day. They know from previous experience that the standard deviation is 1.5. City officials take a random sample of 26 days and calculate a sample mean of 4.1 tons of recycling. Esti..
What must be true of chris preferences : ECN 630: Midterm Exam. Chris chooses between two goods, X and Y (see figure below). At first, the price of X is low and the price of Y is high (budget line B1). Chris tells you his best affordable combination of X and Y is at point A. Then the pri..
What could keep the expansions from happening : If these expansions in the money supply happen, what effect will it have on aggregate demand, GDP, and employment?
What is the cost of producing an additional computer : What is the cost of producing an additional computer, when 50 cars are being produced? What is the cost of producing an additional car, when 50 cars are being produced?

Reviews

Write a Review

Finance Basics Questions & Answers

  Determine equity cost of capital

Assume the market portfolio has an expected return of 10% and a volatility of 20 percent, while Microsofts stock has volatility of 30 percent.

  Compute the standard deviation of the returns

Suppose the returns for Stock A for last six years was 4%, 7%, 8%, -2%, 9%, and 7%.

  Suppose the exchange rate between the us dollar and the

suppose the exchange rate between the u.s. dollar and the swedish krona was 6 krona 1 and the exchange rate between

  Generic health services has a target capital structure of

generic health services has a target capital structure of 30 percent debt and 70 percent equity. its cost of debt

  Data &tech resources choose listed quotes

All bonds have some common characteristics, but they do not always have the same contractual features. Differences in contractual provisions, and in the underlying strength of the companies backing the bonds, lead to major differences in bonds ris..

  Renewal company has net income of 125 million and a

renewal company has net income of 1.25 million and a dividend payout ratio of 35 percent. it currently has equity of

  Find the npv

Machine used has a 3 year tax life, depreciated by the straight line method over the 3 year life and would have zero salvage value, no new capital required.

  What is the effective annual rate on this loan

You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,600,000 purchase price. The monthly payment on this loan will be $11,000. What is the effective annual rate on t..

  What are derivatives how can derivatives be used to reduce

what are derivatives? how can derivatives be used to reduce risk? can derivatives be used to increase risk?

  What is po

A stock has just paid a dividend and has declared an annual dividend of $2.00 to be paid one year from today.The dividend is expected to grow at a 5% annual rate. the return on equity for similar stocks is 12% what is Po?

  What is the expected price of the stock six years from now

The stock's required rate of return is 12 percent and the stock's dividend is expected to grow at the same constant rate forever. What is the expected price of the stock six years from now? Show your calculations.

  What is the margin of error for the given study

What is the margin of error for this study? Use 95% confidence. What is the 95% confidence interval estimate for the population mean weekend gross per theater? The Last World took in $ 72.1 million in its first three day weekend.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd