Business of a hotel to and from the local airport

Assignment Help Business Economics
Reference no: EM132479884

Suppose your company runs a shuttle business of a hotel to and from the local airport. The costs for different customer loads are:

1 customer: $30

2 customers: $32

3 customers: $35

4 customers: $38

5 customers: $42

6 customers: $48

7 customers: $57

8 customers: $68.

If you are compensated $10 per ride, what customer load would you choose?

Reference no: EM132479884

Questions Cloud

How a subcontractor has used shoddy materials : if a subcontractor has used shoddy materials (concrete in foundation) that he purchased from a vendor and the subcontractor has in his contract with the vendor
How does cq account for a return of merchandise : The CQ Company uses the periodic method for inventory. All sales and purchases are on credit. How does CQ account for a return of merchandise from a customer
Linear probability model is inherently heteroskedastic : Why is this the case? That is, show why the variance of the error term in the LPM will necessarily be non-constant.
Determine the purpose of analytical procedures of audit : Determine the purpose of analytical procedures of audit,contrast the purposes of (1) preliminary analytical procedures and (2) analytical procedures performed
Business of a hotel to and from the local airport : Suppose your company runs a shuttle business of a hotel to and from the local airport. The costs for different customer loads are:
What total amount should be reported as cash : Cash legally restricted for additions to plant (Expected to be disbursed in 20x2) 1,600,000. What total amount should be reported as cash
Business environment assignment : Business Environment - International Foundation Programme Assignment help and solution, Solvent University - assessment writing service
Determine the purpose of preliminary analytical procedures : Compare and contrast the purposes of preliminary analytical procedures and analytical procedures performed near the completion of the audit.
What is the amount of the sales taxes : If the sales tax rate is 5% and the balance in the Sales Revenue account amounted to $514500, what is the amount of the sales taxes owed

Reviews

Write a Review

Business Economics Questions & Answers

  Limitations of wind power

What do you see, if any, as the limitations of wind power. What do you believe could be an alternative for coal power.

  Equal to the marginal rate of transformation

Why is the Marginal Rate of Substitution(MRS) equal to the Marginal Rate of Transformation(MRT) at the optimal consumption bundle?

  Estimate of population mean annual starting salary desired

Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $30,000 and $45,000. Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired. ..

  What happens to the equilibrium prince and quantity in each

What happens to the equilibrium prince and quantity in each markets when the government reduces the supply ofgoods with elastic demand.

  Illustrate what are factors that influence supply loanable

Illustrate what are factors that influence supply of loanable funds and the factors that influence demand for loanble funds.

  Long -run marginal propensity

Explain why this formulation of consumption may provide a more accurate description of consumption than the simple consumption function that depends only on current income.

  Analyze the effect on the economy in the short run

Consider the AS/AD model. Analyze the effect on the economy in the short run and in the long run after the following events: a). the Congress increases investment tax credits b). the congress decreases import tariffs. Determine in details how can mon..

  Your first assignment as an engineering technology graduate

your first assignment as an engineering technology graduate from the university of houston downtown is to recommend to

  Cips from intel instead of rival amd

Intel made large loyalty payment to HP in exchange for HP buying the most of their cips from Intel instead of rival AMD.

  Compare the primary costs involved in cleaning up

Imagine that you are a manager of a chemical company. An accident has occurred in which chemicals leaked into the ground water nearby.

  Understanding the role of information systems

What major features of a business are important for understanding the role of information systems?

  Price elasticity assumed by consultant-elasticity estimate

The Prestige Office Equipment Company produces and sells different types of office furniture. One of the important items it sells is a high quality desk. Assume the variable unit cost per desk in the coming year will remain the same. Evaluate the pro..

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