Provide alternative recommendation to value pricing strategy

Assignment Help Microeconomics
Reference no: EM131172213

Economics

Read "American Airlines," located in Chapter 24 of the textbook, Managerial Economics: A Problem Solving Approach. American Airlines announced a new pricing strategy that they believed would address concerns and benefit the company. Conduct further research on American Airlines' value pricing. Analyze American Airline's structure and decision to implement value pricing and discuss the following (750-1,000 words):

1. Discuss the decision behind American Airlines developing and implementing value pricing to gain more market shares.

2. Evaluate the impact competitors and additional economic factors had on the results of the value pricing strategy. What factors contributed to the advantages and disadvantages of this new pricing strategy.

3. Provide alternative recommendations to the value pricing strategy that would result in a different outcome when implementing the strategy.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not

Required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Reference no: EM131172213

Questions Cloud

What did the researchers conclude from their results : What was the research question that the authors set out to answer through their study? What was their hypothesis? What methodology did they follow to carry out the research?
Develop a simplified form of general steady-state entropy : Develop a simplified form of the general steady-state entropy balance appropriate to each operation. State carefully, and justify, any assumptions you make.
What is the downstream temperature : Ten kmol per hour of air is throttled from upstream conditions of 298.15 K (25°C) and 10 bar to a downstream pressure of 1.2 bar. Assume air to be an ideal gas with Cp = (7/2)R.
Will you be training for knowledge or behavior change : In what format should the training be given, and why? What modalities will be used for employees on multiple shifts or in multiple locations? What are the core elements of the training that will align with the learning objectives?
Provide alternative recommendation to value pricing strategy : Provide alternative recommendations to the value pricing strategy that would result in a different outcome when implementing the strategy.
Political development and the development experience : Political Development and the Development Experience, This essay should detail the main criteria for political development and explain how it engages with the wider development experience
What is the maximum possible thermal efficiency of the plant : A nuclear power plant generates 750 MW; the reactor temperature is 588.15 K (315°C) and a river with water temperature of 293.15 K (20°C) is available.
Discussion with a professional on the career-relevant skills : Prepare a summary of no more than one page paper in APA format of the four or five things you took from a course on Total Compensation to use in an interview or discussion with a professional on the career-relevant skills gained from your learning..
What number of workers appears to be most efficient : What number of workers appears to be most efficient in terms of pizza product per worker? What number of workers appears to minimize the marginal cost of pizza production assuming that each pizza worker is paid $500 per week?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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