What is the marginal cost of the two day pass

Assignment Help Finance Basics
Reference no: EM131481045

Question: Many amusement parks offer two-day passes at dramatically discounted prices. If a one-day pass costs $40 but the two-day pass costs $50, what is the average cost for the two-day pass? What is the marginal cost of the two day pass?

Reference no: EM131481045

Questions Cloud

What are similarities and differences between the two models : What are similarities and differences between two models? In your opinion, which model would be most appropriate for evaluation of a portfolio of investments?
Do these products exhibit economies returns to scale : Digital media distributed over the Internet often have marginal costs of zero. For instance, people can download music and movies instantly.
Would you move forward with the new contract with customer : You are sales manager of global corporation that manufactures home furnishing goods-competes in world market. Would you move forward with contract with customer
Did the participant receive any form of sanctioning : Describe the type(s) if behavior that you have observed to be deviant. How would you define this?
What is the marginal cost of the two day pass : Many amusement parks offer two-day passes at dramatically discounted prices. If a one-day pass costs $40 but the two-day pass costs $50.
Why might you have trouble calculating your profits : Suppose that you own a yard care business. You have your own mower, flatbed truck, and other equipment. You are also the primary employee.
Describe the two-step process of the profit-maximizing level : What are the necessary conditions for a perfectly competitive market to exist?
What is the reorder point : The average demand is equal. what is the reorder point.
Medieval and early modern philosophers and theologians : Use the matrix to compare the theological views of St. Augustine, St. Anselm, or St. Thomas of Aquinas to the scientific method employed.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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