Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
SkyyMarley 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, SkyyMarley realizes the price of a Coach seat should be $175 (one way). How much should SkyyMarley charge for a Business Class ticket? (
The relation between elasticity, P and MC when profits are maximized is
MC= P(1-1/e) where is the absolute value of elasticity of demand.
For a coach seat
MC= 175( 1-1/1.35 )= 45.37
Assuming MC is same for business class
P= MC/ (1-1/e) = 45.37 /(1-1/2.5) = 75.616-it can charge this price for business class
Individual Music scores Mathematics scores Angela 2 8 Arthur 6 3 Peter 4 9 Mike 5 7 Barbara 7 2 Jane 7 3 Jean 2 9 Ruth 3 8 Alan 5 6 Theresa 4 7 Assess the data using a Correlation
IF PUNDIT 2 IS CORRECT, FEMROLE WILL HAVE (CIRCLE ONE)
1.The resumés of 2 males applicants for a college teaching position in chemistry are places in the same file as the resumés of 2 female applicants. Two positions become available a
What are the major advantages of the Single Entry System? Ans. A Single Entry system is considered to be the most simplest method to record the financial transaction, only cash bo
The heights of a large population of adult females who play basketball are normally distributed with a mean of 175cm and a standard deviation of 7.5cm. (a) what proportion of this
1. Warm-up Exercise Volumes I, II, III, and IV of Shakespeare are in sequence next to one another in the library bookcase. Each volume has 2" of pages and the front and back co
A travel agency surveyed 38 customers holidaying in Australia who took their spouses on either a skiing or a golfing vacation. The data comprises amounts (in hundreds of dollars).
I have four assignments that are due tomorrow. Can you help?
Federal income tax Another part of paycheck accounting involves the staff's got earnings tax. A company is necessary to hold the got earnings tax that and personnel are expecte
After successfully having navigated the LPP issue, HCFP has once again for your help. Now, they are considering implementing a new drainage system to improve water flow across the
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd