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sergejj [24]
3 years ago
15

A railroad which runs between two cities offers two products: passenger and freight service. The marginal cost of carrying an ex

tra ton of freight is $0, and the marginal cost of carrying an extra passenger is $1. There are joint, fixed costs of $19,000 per day. There is no other competitor in this market. The daily demand for passenger service is with Qp the number of passengers and Pp the price of a two-way ticket. The daily demand for freight service is
Pp = 8 - 0.005Qp with Qp the number of passengers and Pp the price of a two-way ticket. The daily demand for freight service is Pf= 10-0.001Qf with Qf in tons and Pf the price per ton.
a. Currently, Pp $5 per passenger and P S8 per metric ton. Please calculate the railroad's revenues from passenger service and freight service, respectively. In addition, calculate the railroad's overall profit. b. A manager at the railroad argues that prices should be raised on both products to increase profit. Do you agree with the argument? What pricing would you recommend for each product?
c. Another manager argues that the firm can use price differentiation to improve profit. Please recommend a specific price differentiation scheme for the railroad's passenger and/or freight service, and explain how it will work. b. c.

Business
1 answer:
Karolina [17]3 years ago
5 0

Answer:

The complete question is found in the attachment

Explanation:

The explanation is found in the attachment

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Answer:

The Kmart was held by the court not liable because David assumed the risks of sledding.

Explanation:

Negligent actions are those actions that come under the rubric of tort actions. To prove negligent actions against a person or a company, the plaintiff is required to prove four things in court– duty, breach, causation, and damages.

In the given case, the court will not be held Kmart liable because David (the consumer) was aware of the risks involved in the sledding. Therefore, the case of negligent actions is not applicable for Kmart.

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Munchkin is a popular baby clothing brand. The founder of the company, Isabel, conducts a brainstorming session with her employe
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Answer:

B) upward communication

Explanation:

Upward Communication -

It refers to the flow of information from the lower level to the higher level in the company, is referred to as upward communication.

The method helps to pull out thought and innovative technique from all the employees working in the company , and is used for the betterment of the company.

It helps to have a healthy conversation and decision making process, which helps the company to grow.

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The company Munchkin takes idea from all the employees and tries to implement it into the company, thereby showcasing the method of upward communication.

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The Saturn Company records all collections from customers (including 5% sales tax) in the Sales Revenue Account. The account bal
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Therefore the Sales Tax Payable will be: $5,000

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