Suppose GetThere Airlines increases their ticket price to $200+10n = 10(20+n)$ dollars. Then the number of tickets they sell is $40,000-1000n = 1000(40-n)$ .<span> Therefore, their total revenue is
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$$10(20+n)\cdot 1000(40-n) = 10000(20+n)(40-n) = 10000(800+20n-n^2).$$
This is maximized when $n=-\left(\frac{20}{2\cdot(-1)}\right)=10$ .<span> Therefore, they should charge </span><span>$200+10\cdot 10 = \boxed{300}$</span><span> dollars per ticket.</span>
Answer:
A) The business must gain government permission and issue a stock sale, followed by a shareholder vote.
Answer:
Explanation:
Expected return of the portfolio is weighted average of the return of the components.
E(R) = w1 * R1 + w2 * R2
E(R) = 65% * 18% + 35% * 6%
E(R) = 11.70% + 2.10%
Expected Return, E(R) = 13.80%
Standard deviation of portfolio is mathematically represented as:
where
w1 = the proportion of the portfolio invested in Asset 1
w2 = the proportion of the portfolio invested in Asset 2
σ1 = Asset 1 standard deviation of return
σ2 = Asset 2 standard deviation of return
For risk free money market fund, standard deviation = 0 and its correlation with risky portfolio = 0
Standard deviation = 19.50%
Answer:
The correct answer is option b.
Explanation:
A firm is able to maximize it's profit by producing output at the level where the marginal revenue earned from the last unit of output is equal to marginal cost incurred on it.
If a firm is operating at the point where the marginal revenue is lower than the marginal cost then the firm can maximize profit by reducing its output till the point where the marginal revenue and marginal cost are equal.
Answer: Assembly line
Explanation:
An assembly line is the term which is used to define the production process and it is used for assigning the different types of responsibilities and duties for the purpose of accomplish the given task.
The main objective of the assemble line is that it helps in assembling the product by using the various types of machines or equipment in a sequential manner.
According to the given question, the assemble line is also known as the progressive assemble line which is basically handling the various types of devices. Therefore, Assembly line is the correct answer.
