Illustrate wow about if full over the last month

Assignment Help Business Economics
Reference no: EM1353367

Q. Suppose elasticity of demand for your parking lot space is -0.5, and price is $20 per day. If our MC is zero, and your capacity at 9AM is 96% full over the last month, are you optimizing? Illustrate wow about if it is 75% full at 9 am?

Q. Do you know of any studies that show the elasticity of demand for parking when the delta in price is measured in $.50 units (increase or decrease), and if the baseline is $15 to $20?

 

Reference no: EM1353367

Questions Cloud

Compute imiotek''s weighted average cost of capital : Compute Imiotek's weighted average cost of capital.  Calculate the net present value if Innotek was to continue production of the SMR HDD locally.
Calculate the effective interest rate : A credit union offers a savings account with the interest rate of 10 percent compounded daily. Calculate the effective interest rate if you use 360-day year?
Few techniques to incorporate to site : Did you know that you do not have to start from scratch if your site is not accessible? There are a few techniques you may incorporate to your site.
Explain how marginal analysis affects goods and services : Explain how marginal analysis affects goods and services, efficiency, equity, and the market economy.
Illustrate wow about if full over the last month : full over the last month, are you optimizing. Illustrate wow about if it is 75% full at 9 am.
Power to change your organization : The third is motivation where ultimately workers have to want to make the change, and fourth, institutional politics.
Compute the capital gains yield : Assume an index of small company stocks started in 1946 at 10, and the index level was 1890.59 in 2001. Compute the capital gains yield of the small firm stocks for the period?
Design of e-business applications : With that in mind, how do you think the Americans with Disabilities Act affects website design and design of E-business applications?
Calculate magnitude of the planes velocity : A 12.0 resistor, 10.0 mH inductor, and a 50.0 µF capacitor are connected in series to a 55.0 V (rms) source having variable frequency. Find out the energy delivered to the circuit during one period if the operating frequency is twice the resonance..

Reviews

Write a Review

Business Economics Questions & Answers

  Offering group medical coverage to large firms

Offering group medical coverage to large firms and requiring all employees to participate in the coverage.

  How invention of crack cocaine transform the urban street

How did invention of crack cocaine transform the urban street gang. According to the data cited in this chapter, civil rights laws and a shift in the attitudes in the United States regarding race helped to improve the status of black society. How d..

  What is the federal resources for public education

Fifty years later, the federal resources for public education shows approximately 10% of the public education budget.

  What desire to purchase does not vary with time

What desire to purchase does not vary with time. Ignore the time value of money and compute the optimal pricing scheme of the iPhone.

  Elucidate what is the size of the gdp gap

Assume that equilibrium real GDP is 800 billion, potential gdp is 900 billion, the mpc is .80, and the mpi is .40 . What is the size of the GDP gap.

  Different procedures of the money supply

Explain why the different definitions are important also explain the different procedures of the money supply.

  Explain the concept of more is better satisfied for both

Explain the concept of more is better satisfied for both goods. Elucidate as C increases the MUC increase, decrease or remain constant.

  Sporting goods store to buy a new set

Cameron visits a sporting goods store to buy a new set of golf clubs.

  What are the characteristics of martian firms

Suppose life is discovered on Mars and that it turns out to be quite sophisticated. In fact, perfect competition prevails everywhere on the planet. Which of the following characteristics of Martian firms are we likely to observe.

  Estimate the optimal selling cost

Express the retailer's monthly profit from the sale of the cameras as a function of the selling cost. Estimate the optimal selling cost.

  Explain how would each nation benefit from trade

If Englad can produce either 15 units of corn or 30 sweaters in one unit of labor and Portugal can produce 10 units of corn and 5 sweater in one unit of labor as well, explain how would each nation benefit (numerically) from trade.

  Average product and marginal product

She says the tax will generate $100,000 tax revenues per month. What assumption is she making.

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