This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the total cost, at the level of production where Pastry Paradise is indifferent between ... (Read 72 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jul 1, 2018
What is the total cost, at the level of production where Pastry Paradise is indifferent between which technology is used?
 a. 1750
  b. 1000
  c. 1500
  d. 2000

Question 2

Buy Airline Tickets over the Weekend A recent study by economists Steven Puller and Lisa Taylor found that airline tickets purchased over the weekend were priced 5 lower on average. Why would airlines charge lower prices to customers making bookings on the weekend?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

This is a price discrimination scheme. Weekday bookings tend to be for business travel and weekend bookings tend to be for tourist travel. Tourists tend to be more flexible in their travel plans and so are more elastic customers. The weekend price is a way to offer them discounts while reducing the risk of arbitrage from the business customers.


futuristic

  • Member
  • Posts: 638
Reply 2 on: Jul 1, 2018
Wow, this really help

6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

The central dogma of genetics at the molecular level. The central dogma of genetics at the molecular level.
Substrate–level phosphorylation. Substrate–level phosphorylation.
The structure of skin (a) and epidermis (b) at the microscopic level. The structure of skin (a) and epidermis (b) at the microscopic level.
Examples of Basic-Level, Subordinate, and Superordinate Concepts Examples of Basic-Level, Subordinate, and Superordinate Concepts
Projections of global temperature depend heavily on the level of future greenhouse gas emissions Projections of global temperature depend heavily on the level of future greenhouse gas emissions
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Video: Appendicitis Animation

For a complete list of videos, visit our video library