Explain how much should jet blue charge

Assignment Help Macroeconomics

Reference no: EM1330419

How do you calculate the price using the mark-up rule for Jet Blue Airlines?

Jet Blue 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, Jet Blue realizes the price of a Coach seat should be $175 (one way). How much should Jet Blue charge for a Business Class ticket?

Reference no: EM1330419

Questions Cloud

The goals of affirmative action : Do you believe that the goals of affirmative action are sufficient to justify the potential harms caused by employing preferential practices? explain your answer.

Leadership performance and employee commitment : Research, Proposals, and Literature Reviews - What are the effects of human resources outsourcing on leadership performance and employee commitment?

Discrimination based upon national origin : List the elements that an employee must prove to prevail on a claim for discrimination based on national origin.

Explain it security and infrastructure : Explain it security and infrastructure - what do you meant by security and infrastructure explain with example

Explain how much should jet blue charge : Explain how much should Jet Blue charge for a Business Class ticket.

Epstein claims that the positions of both employers : Epstein claims that the positions of both employers and employees are essentially even with regard to EAW.

Design an hr risk management strategy plan : Riordan Manufacturing - Design an HR risk management strategy plan for your chosen virtual organization.

System development in leading-edge firms : Produce a paper discussing what you think system development will be like in leading-edge firms in the next five years.

Amount of total benefits-total costs also total net benefits : Illustrate the amount of total benefits-total costs also total net benefits at the selected quantity

User Account

All Pages