User Account

All Pages

Price elasticity of demand for business travelers

Assignment Help Business Management
Reference no: EM131287616

An airline estimates that the price elasticity of demand for business travelers (who travel on weekdays) is -2, while the price elasticity of demand for vacation travelers (who travel on weekends) is -5. If the airline price discriminates (and costs are the same) what will be the ratio of weekday to weekend prices?

Reference no: EM131287616

Questions Cloud

Describe police culture in the united states : Describe police culture in the United States.Describe the internal and external mechanisms that control police discretion
Define briefly mechanistic organizational structure : Define briefly mechanistic organizational structure and organic organizational structure. Compare and contrast the main differences between the two types of organizational structure.
Determine whether your idea will be popular : Next, write 8-12 questions to determine whether your idea will be popular. Remember to use the principles for writing effective questions described in this chapter.
Is it tall or flat in terms of levels of leadership : Is it tall or flat in terms of levels of leadership? Is it a small system acting large through the use of outside partners or a large system acting small through task teams?
Price elasticity of demand for business travelers : An airline estimates that the price elasticity of demand for business travelers (who travel on weekdays) is -2, while the price elasticity of demand for vacation travelers (who travel on weekends) is -5.
Explain the telecommunications reform act of 1996 : Explain the Telecommunications Reform Act of 1996, aka Communications Decency Act (CDA).
How would your current education and experience : In your response post, imagine you are applying for a position as the project manager for another student's company. How would your current education, experience, and skills support you in that role?
Discuss the importance of increasing the fuel efficiencies : Discuss the importance of increasing the fuel efficiencies of motor vehicles. Certainly, further increases in fuel efficiency would make the United States less dependent on petroleum imports.
Invest at an interest rate : 1) Octavia is looking at an investment in upgrading an inspection line at her plant. The initial cost would be $140,000 with a salvage value of $37,000 after five years. How much money must be saved every year to justify the invest at an interes..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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