Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem 3:Airway Express has an evening flight from LA to NY with an average of 80 passengers and a return flight the next afternoon with an average of 50 passengers. The plane makes no other trip. The charge for the plane remaining in NY overnight is $1,200 and would be zero in LA. The airline is contemplating eliminating the night flight out of LA and replacing it with a morning flight. The estimated number of passengers is 70 in the morning and 50 in the return afternoon flight. The one-way ticket for any flight is $200. The operating cost of the plane for each flight is $11,000. The fixed cost for the plane is $3,000 per day whether it flies or not. a)Should the airline replace its night from LA with a morning flight? b)Should the airline remain in business? Instructor instructions: (a) calculate and compare the profit under each flight & (b) the evening flight with the return flight the next afternoon is counted as 1 day, not 2 days.
the gains from specialization and trade are based on comparative advantage which reflects the relative opportunity
1. the widget industry in anytown is a monopoly controlled by widget corp. its demand curve for the local market is
What is the price per unit of labor?
what impact would a change that shifts an economys production possibilities curve outward have on the long run
1. a do protectionist policies benefit producers consumers workers or the government? explain.b explain how the buy
What are the potential consequences of a country having a large overall national or public debt? If you were in the position to implement a solution for the country's long-term debt, what would it be and why?
Mr. J enjoys goods x and y according to the utility function
A number of stores offer film expanding as a service to their consumers. Assume that each store that offers this service has a cost function C(q)=50+0.5q+0.08q2 .
You are the manager of a perfectly competitive firm selling a product. Your business is making a loss because total revenue is less than total costs. What would you do--shut down or continue to operate.
Calculate the total social marginal benefit function and what is the socially efficient number of computer movie files?
japan has a total ban on imports of foreign rice. japanese rice consumption is completely dependent on domestic
Display a diagram in (c1,c2) space that indicates the cost combinations for which firm 2 will choose not to compete. Interpret the equation describing the boundary between the regions where firm 2 does and does not compete.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd