Answer:
a. charged any ticket price above $0 for the four remaining seats
Explanation:
Marginal cost refers to the extra expense incurred by a business in producing as an additional unit. For a business to be profitable, its marginal cost should be equal or greater than the marginal revenue.
The Get-There-Safe Bus company has a marginal cost of zero or an additional passenger. It means the cost associated with selling one more passenger ticket is zero. For the bus company to be profitable, it must sell an extra ticket at a price greater than the marginal cost. Therefore, a price greater than zero will result in profit.
What happens when the supply of a nonperishable good is greater than the consumer wants to buy?
Excess supply>remains unsold, eventually price drops
Answer:
Shakespeare's message on that aspect of life is sound biblically speaking.
Explanation:
Because the way he mad Hamlet become over the story gives you a perspective on how events and change can form a person, and make them become something that they never were before.
Answer:
To find the opportunity cost of capital for a safe investment, managers and investors look at current interest rates on safe debt securities.
Explanation:
Opportunity cost of capital refers to the return that could have been earned by investing in another investment opportunity with comparable risk.
