Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Problem:

Airline is flying between two cities. The airline has the subsequent costs associated with the flight:

Crew     $4000

Plane daily depreciation   $2000

Fuel    $1000

Plane daily insurance   $2000

Landing fee   $1000

The airline has average of 40 passengers paying an average of $200 for this flight. Do you believe the airline must be flying between the two cities?  Assess from the short-run and long-run perspective.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M910543

Have any Question? 


Related Questions in Macroeconomics

Do you agree or disagree with one of the following

Do you agree or disagree with one of the following statements (just need to pick one)? Find an article that supports your claim. Summarize the article and write a short paragraph explaining your opinion. There is no righ ...

Michael runs a business that sells pianos in an average

Michael runs a business that sells pianos. In an average year he finds that he receives about $900,000 in sales of pianos. From this sales revenue, Michael must pay the manufacturer $600,000 and pays wages and utility bi ...

1 which countries consume the most dung and how do the

1. Which countries consume the most dung and how do the energy statistics in the BP Statistical Review account for it? 2. Explain why consumption of a particular energy source typically ceases long before the stock of su ...

These questions concentrate on the game theory of money and

These questions concentrate on the game theory of money and banking. Consider the Principle-Agent problem in relation to banking. This is the problem. A person is a Vice-President of a Bank, serving as the head of Commer ...

It is very expensive to do the research to invent a new

It is very expensive to do the research to invent a new drug, but the cost of producing the drug once it has been invented is only $1 per dose. Assume the inventor has a patent, which creates a monopoly. a) Draw a diagra ...

Compare and contrast the different stages of the business

Compare and contrast the different stages of the business cycle and how inflation and unemployment vary via these different stages. Then discuss the appropriate fiscal and monetary policies to address inflation and unemp ...

Principles of economicsplease write a summary of the video

Principles of economics Please write a summary of the video below economic-policy-challenges-macroeconomics-and-fiscal-policy. Review this video on Economic Policy Challenges from MIT; http://techtv.mit.edu/videos/16731- ...

What are the fundamental lessons you have learned about

What are the fundamental lessons you have learned about international trade and international trade policy?

What is leadership doing to improve the standard of living

What is leadership doing to improve the standard of living in developing countries?

Complete parts a and b completelypart a suppose nominal gdp

Complete Parts A and B completely (Part A) Suppose nominal GDP in 2012 was $200 billion, and in 2014, it was $210 billion. The general price index in 2012 was 100 and in 2014 it was 105. Between 2012 and 2014, the real G ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen