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pickupchik [31]
3 years ago
13

An airline has a marginal cost per passenger of $20 on a route from Minneapolis to Dallas. At the same time, the typical fare ch

arged is $300. The planes that fly the route are usually full, yet the airline claims it loses money on the route. This loss may occur because
Business
1 answer:
luda_lava [24]3 years ago
3 0

Answer:

The fixed costs are too high. The marginal cost generally represents variable costs and they might be very low, but if the fixed costs are simply too high, they will need to increase the price of the plane tickets in order to break even. The break even formula is calculated by dividing total fixed costs by marginal revenue (selling price - variable costs).

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Three workers each take home two packs of Post-It notes at a cost of $.67 per pack.
Katarina [22]

Answer:

$ 4.02

Explanation:

Take two packs ×3 and it = 6 then take 6 × 67 and you get $4.02

8 0
3 years ago
How did the economy impact the livelihood of the 13 original colonies? open study?
AVprozaik [17]
Before the foundation of the United States, the Kingdom of Britain owned the 13 colonies on the East shore of North America. Those colonies were separated into 3 regions: the New England, the Middle Colonies, the Southern Colonies. Economic activities and trade was dependent of the environment in each of those regions. Economy in the New England :  ship building industry, fishing, trade. Economy in the Middle Colonies: farming, lot of jobs for skilled workers. Also merchants invested money in colonies. In the Southern Colonies: cotton and tobacco-industry. The economy impact the livelihood of the original 13 colonies by giving jobs and money to the colonists.
4 0
4 years ago
What would you place below the return address on business envelope
gregori [183]
The answer should be "personal."
8 0
3 years ago
Explain the tradeoffs involved in setting an ideal level of inventory for a particular product. What are the costs if too much i
mafiozo [28]

Answer:

An ideal inventory is difficult to have.

Explanation:

  • Inventory is the number of goods and services stored and is accompanied asset and thus management of that asset is a very important aspect of the business.
  • If too much inventory is maintained the inventory can lead to liability. If too little inventory is maintained then it leads to shortages of raw material and work in progress.
5 0
3 years ago
You are in a car accident, and you receive an insurance settlement of $5,000 per year for the next 3 years. The first payment is
fomenos

Answer:

Explanation:

Present value is found by discounting future values using a discount/interest rate.

Current year PV of $5000 is $5000.

A year in future PV is $5000/(1+r)^n which is $5000/(1.06)^1

= $4,716.98 is what $5000 in a year from now is worth.

Two years in future is $5000/(1+r)^r which will now be $5000/(1.06)^2

= $4,449.98 is what $5000 two years from now is worth today.

Add all figures up to get your Present value.

=5000 + 4,716.98 + 4,449.98

= $14,166.96 is the present value.

6 0
3 years ago
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