I have a question<br><br> I dont know I was just wondering

For a particular flight from Dulles to SF, USAir uses wide-body jets with a capacity of 430 passengers. It costs the airline $4,

guajiro [1.7K]

Answer:

$370.69

Explanation:

Given the following :

Capacity (n) = 430

Cost incurred by airline per flight = $4000 + $60 per passengers

If ticket price = T ; (430 - 0.58T) are expected to book.

Determine the ticket price, T, that will maximize the airline's profit.

Profit = Revenue earned - cost incurred

Revenue earned = capacity * price = nT

Cost incurred = $4000 + $60n

Profit = nT - (4000 + 60n)

If ticket price = T ; (430 - 0.58T) are expected to book. Then n = (430 - 0.58T)

Profit = (430 - 0.58T)T - ($4000 + 60(430 - 0.58T))

Profit = 430T - 0.58T^2 - ($4000 + 25800 - 34.8)

Profit = 430T - 0.58T^2 - 4000 - 25800 + 34.8

Profit (P) = - 0.58T^2 + 430T −29834.8

Taking the first derivative of P

P' = 2(-0.58T) + 430

P' = - 1.16T + 430

Hence solve for price (T) when P' = 0

0 = - 1.16T + 430

1.16T = 430

T = 430 / 1.16

T = 370.68965

Price = $370.69

6 0

4 years ago

The more precisely defined the target market is, the _____ the numbers are to estimate.

bija089 [108]

The answer is a I believe I'm not really sure

4 0

4 years ago

Read 2 more answers

The demand curve for coffee shifts Group of answer choices only when income changes. when a determinant of the demand for coffee

irinina [24]

Answer:

when a determinant of the demand for coffee other than the price of coffee changes

Explanation:

There should be the demand curve of the coffee shifted at the time when the coffee demand other than the coffee price change i.e. it can be increase or decrease. In other words, all the factors are changed other than price so there would be the shift in the demand curve of the coffee

So as per the given situation, the above represent the answer

3 0

3 years ago

Which of the following statements is correct? Managers will be more likely to pursue projects that will benefit the entire compa

miss Akunina [59]

The manager may reject a proposal utilizing ROI that perhaps the manager accepts the use of recurring revenue.

<u>Explanation: </u>

Return on investment is a measure of quality that is used to determine investment efficacy or evaluate a variety of different assets with quality. ROI attempts, by comparison with investment costs, to accurately measure the returns of a particular transaction. For order to calculate ROI, the investor's gains (or returns) are distributed between the investment costs. As a percentage, the outcome is shown.

$\text { ROI }=\frac{\text { CURRENT VALUE OF INVESTMENT-COST OF INVESTMENT }}{\text { COST OF INVESTMENT }}$

For example, a shareholder is buying an $\$800,000$ worth of property. The investor sold the estate at $\$2,000,000$ two years later.

$\text{ ROI } = \frac{(2,000,000-800,000)}{(800,000)}=1.5\%$

3 0

3 years ago

The legal system affects corporate America in which of the following ways?

iren [92.7K]

Answer:

C. The legal system does not necessarily facilitate or stabilize commercial practice.

Explanation:

The government of the United States is a federal system in nature. It has a written system and a common law legal system. The "legal system" of American is based on the system of federalism or the decentralization system.

The legal system for America on the other hand is for interpreting and enforcing the law. Advance development in the political and legal system may increase the risk of the country. Thus the legal system of America does not facilitate or the stabilize any commercial practice in america.

8 0

3 years ago

I have a question I dont know I was just wondering