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!
SkyyMarley Airlines has determined that the price elasticity of demand for two customer segments (Coach and Business Class) is -1.35 and -2.50. Based on their expectations of profitability, SkyyMarley realizes the price of a Coach seat should be $175 (one way). How much should SkyyMarley charge for a Business Class ticket? (
The relation between elasticity, P and MC when profits are maximized is
MC= P(1-1/e) where is the absolute value of elasticity of demand.
For a coach seat
MC= 175( 1-1/1.35 )= 45.37
Assuming MC is same for business class
P= MC/ (1-1/e) = 45.37 /(1-1/2.5) = 75.616-it can charge this price for business class
what are the projects elctromagnetic induction?
company foh
merits and demerits of arithmetic mean
Geometric mean of index number of laspeyres and paasches = 229.5468 , while sum of their index number=480 find out laspeyre''s and paasche''s indices.
I am Hussain and I have done master in Statistics. Currently I am doing Mphil Statistics from Pakistan. I want to get online Statistics Tutor job. So contact with me as soon as pos
What are cost drivers?
marginal costing and its break-event analysis
A source of electrical power. A device or system which delivers electrical and or other types of energy to a corresponding device or system. Are commonly referred to as PSU (Power
Question 2 Pankratov Lakes is a new recreational real estate development that consist of 500 Lake front and lake view lots. As a special incentive to the first 100 buyers of lake v
A teacher is interested in comparing the effects of 3 different parts of rehearsal methods (Rote rehearsal, Imagery, and Story) on number of words recalled. Participants are random
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd