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JetBlue Airways is an American low-cost airline headquartered in New York City. Its main base is John F. Kennedy International Airport. JetBlue’s revenue in 2001 was $659.0 million. By 2009, revenue had increased to $3,320.8 million.
What was the geometric mean annual increase for the period? (Round your answer to 2 decimal places.)
Geometric mean %
What is the Geometric mean percent, round two decimal places,
Present the logic of the corn theory of rent and profit from Ricardo. Then explain what happens to the rate of profit in agriculture as more land of inferior quality is brought into cultivation. Show how the developments in agriculture affect the ove..
Suppose that in a week the price of Greek yogurt increases from $5.00/lb to $5.25/lb. At the same time, the quantity of Greek yogurt supplied increases from 100,000 lbs to 125,000 lbs. What is the price elasticity of supply for Greek yogurt?
Which of the following is NOT an argument offered by the text as an argument against population and birth control?Fertility reduction is not worth the medical risks of using the medical means of population programs.
q1. if the demand curve is qp 20-2p and the marginal cost is constant at 8 what is the profit maximizing monopoly
An economy's marginal propensity to consume out of disposable income is 0.75, its marginal and average tax rate is 0.15, and its marginal and average propensity to import is 0.15.
Why was the Federal Reserve System set up with twelve regional Federal Reserve banks rather than one central bank, as in other countries? The Fed is the most independent of all U.S. government agencies. What is the main difference between it and othe..
Consider the market for footballs. Suppose the demand for footballs is given by F = 50 P − 1. (1) Suppose further that the marginal private cost of producing footballs is $10 per football. Suppose the football market is competitive. What price will t..
An engineer deposits $300 per month into a savings account that pays 6% per year, compounded semi-annually. How much will be in the account at the end of 15 years if there is no inter period compounding?
1. What is the "middle-class squeeze"? 2. How do low unemployment rates mask the economic challenges people face in maintaining middle-class status?
There are two gravel suppliers in the Davis area, Hibbert (H) and Davis Lumber (D). They are engaged in Cournot competition, and face the same inverse demand curve for gravel, given by P = 60 - 5Q, where P is in dollars per cubic yard (yard, for shor..
A firm makes and sells a computer for $1000. The variable cost to produce a computer, for the range of production of the firm, is $3000 per unit. The total fixed costs per year to make the computer are $4.0 million. How many computers must be made an..
Professor Fiorina argues that checks and balances cause gridlock in the US political system. However, one of the goals of the Constitution was to allow political minorities to prevent abuses by political majorities. Do you think checks and balances i..
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