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algol13
3 years ago
5

An airline knows that there are two types of travelers: business travelers and vacationers. For a particular flight, there are 1

00 business travelers who will pay $600 for a ticket while there are 50 vacationers who will pay $300 for a ticket. There are 150 seats available on the plane. Suppose the cost to the airline of providing the flight is $20,000, which includes the cost of the pilots, flight attendants, fuel, etc.
Required:
a. How much profit will the airline earn if it sets the price of each ticket at $600?
b. How much additional profit can the airline earn by charging each customer their willingness to pay relative to charging a flat price of $600 per ticket?
Business
1 answer:
seropon [69]3 years ago
7 0

Answer: it would be 100 business travlers who will pay 600$ for a ticket

Explanation: well if you do the math 600×100=60,00 and that would pay for the airline expenses and extra the other option wouldnt be enough because it would only add up to 15,000 300×50=15,00 so it would be enough

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If an offerer offers to buy back a securities issue that was inadvertently sold in the state, buyers of the issue have how many
Sonja [21]

if an offerer offers in writing to buy back a securities issue that was inadvertently sold in the State at original cost plus interest paid at the legal rate in the State (6%), plus any attorney's or court costs (net of any dividends or interest received by the holder), buyers of the issue have 30 days to accept the

<h3>What is securities?</h3>

A security is a financial asset that may be traded. The phrase is often used to refer to any type of financial instrument, however its legal definition differs depending on jurisdiction.

Securities are financial instruments that are issued in order to raise capital. The primary function of the securities markets is to allow capital to move from those who have it to those who need it. The securities market facilitates the movement of resources from individuals with idle resources to those with a productive need for them.

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6 0
2 years ago
When does the cost of inventory become an​ expense? A. When cash is collected from the customer B. When inventory is purchased f
borishaifa [10]

Answer:

C. When inventory is delivered to a customer

Explanation:

As we know that the inventory is good that the company sold to the customers. Through these goods, the company can able to generate huge profits and gain a competitive advantage in the market

But when we talk about the inventory cost that converted into an expense is when we delivered the product to the customer. It would be represented in the company books as an expense. Until sold, it cannot be converted

5 0
3 years ago
_____ is the study of how resources are distributed for the production of goods and services within a social system
Delicious77 [7]
Business and economics is basically the study of the production,distribution of resources to provide goods and services
6 0
3 years ago
Bear Tracks, Inc., has current assets of $2,280, net fixed assets of $10,400, current liabilities of $1,405, and long-term debt
Vera_Pavlovna [14]

Answer: $7185

Explanation: Shareholders equity refers to the amount of funds that are collected by the company by selling their ownership rights in the market to the general investors.

As per the subject matter of accounts, every asset that is owned by an organisation is either financed by the available funds or some liability is taken to buy it. This could be illustrated as follows :-

assets =  shareholders equity + liabilities

Putting the values into equation we get :-

$2280 + $ 10,400 = $1,405 + $4090 + shareholders equity

therefore :-

shareholders equity = $7185

6 0
3 years ago
Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio'
agasfer [191]

Answer:

0.68

Explanation:

A portfolio consists of an investment of $7,500

The amount of common stock is 20

The portfolio beta is 0.65

Suppose one of the stock in the portfolio is sold with a beta of 1.0 for $7,500

The proceeds realized is then used to purchase another stock with a beta of 1.50

The first step is the to calculate the change in beta

Change in beta= 1.50-1

= 0.5

The next step is to divide the change in beta by the number of common stock

= 0.5/20

= 0.025

Therefore, the new beta can be calculated as follows

= 0.65+0.025

= 0.68

Hence the new portfolio's beta is 0.68

4 0
3 years ago
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