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Wkly. output Apple Airlines(A) Big Bird(B) Chancy Airlines, ltd.(C) 1 $40 $20 $50 2 30 25 40 3 25 30 45 4 35 35 55 5 50 40 65 6 60 50 75
The current fare market price of $45 can't be raised. Thus P=MR=$45
I have to a) Compute current industry output and the market share of each airline and b) Compute industry output if the introduction of a high speed passenger train forces airline industry prices down to $35.
Say there is a natural disaster which wipes out all of tomato plantation of one country. so there is a drastic increase in the price say from $6 to $15 a kilo
The Zinger Corporation manufactures and sells a line of sewing machines. Demand per period (Q) for a particular model is given through the following relationship:
As a kid, you recorded the costs of your Kool-Aid stand and create your long-run average-cost curve. Now you work in a video chip company.
Andre has asked you to evaluate his business, Andre's Hair Styling. Andre has five barbers working for him. Each barber is paid $9.90 every hour and works a forty hour week and a fifty week year,
Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 25 percent in last year.
Suppose you are the manager of a bakery that making and packaging gourmet bran muffins, and you currently sell bran muffins in packages of three.
Determine what will the sustainability movement look like over next twenty years? What issues do you expect to take center stage? How will business respond?
A monopolist produces a single homogeneous good, which he sells in two marketplace between which discrimination is possible. His total cost function is;
Using the data in the following table, Complete the last two columns by replacing the * with the correct values and create the following curves in one chart.
ABC corporation is a holding company with three subsidiaries. The following information pertains to these subsidiaries:
In most restaurants, waiters receive a big portion of their compensation through tips from customers. Generally, the size of the tip is decided by the customer. However, many restaurants require a 15 percent tip for parties of eight or more.
How large of a tax-induced value raise would it take to decrease cigarette consumption by 20%? And Find the factors responsible for difference in elasticity.
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