Friday

March 27, 2015

March 27, 2015

Posted by **too old** on Monday, November 9, 2009 at 9:37pm.

First Class

Qa = 2100 - 0.5 Pa

MRa = 4200 - 4 Qa

Excursion

Qb = 8800 - 4 Pb

MRb =2200 - 0.5 Qb

where Q = number of passengers and P = ticket price

a. If the marginal cost of production is $200 per passenger, what fare and what number of passengers will maximize profit?

b. Would the airline make more profit by charging a single price? (If a single price is to be set, the demand equations from each market segment have to be combined)

- Can someone please help with this question? -
**too old**, Wednesday, November 11, 2009 at 1:16amCan someone please help with this question?

**Answer this Question**

**Related Questions**

Economics/Math - Airline pricing is a good example of price discrimination. ...

To: Economyst - Can you please help? - Airline pricing is a good example of ...

economics - Suppose a monopolist faces an inverse demand function P=100-1/2Q, ...

Managerial Economics/Math - This is an MBA-level Managerial Economics course. I ...

economics - Suppose two competing airlines that service passengers only between ...

managerial economics - Entry of new airlines to the CARICOM region is severely ...

economics - suppose the demand curve for a product is given by Q=10-2P+Ps1,where...

Economic Theory - What is the price elasticity of supply for your chosen ...

economics - Give a numerical example to show that a monopolist's marginal ...

economics - Give a numerical example to show that a monopolist's marginal ...