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

Models of economicscreate a chart that compares and

Models of Economics Create a chart that compares and contrasts the theories including the main theorists, a selection of countries using each model, and a summary of where the economic power lies (i.e., people, market, g ...

Assignment the key concepts in economicswrite a three to

Assignment: The Key Concepts in Economics Write a three to four page paper in which you: 1. Identify at least four key points of a relevant economic article from either the Strayer Library or a newspaper. The article mus ...

Define the economic concepts of opportunity cost supply and

Define the economic concepts of opportunity cost, supply and demand, and marginal analysis. Discuss how they could be applied to the decision making of individuals, health care providers, or the government.

Analyse unemployment in the australian economy under the

Analyse unemployment in the Australian economy under the following headings: - Introduction: Explain why there is unemployment in your country of birth? - How is unemployment measured? - What is the causes of unemploymen ...

Consider an economic model designed to analyze the

Consider an economic model designed to analyze the purchasing decisions of households. An assumption that a household chooses between only two goods would be an example of a a. simplifying assumption b. critical assumpti ...

Last year 100 million in outstanding bank loans to a

Last year, $100 million in outstanding bank loans to a developing nation's government were not renewed, and the developing nation's government paid off $50 million in maturing government bonds that had been held by forei ...

What common variable is used in the calculation of both the

What common variable is used in the calculation of both the cumulative wealth index and the geometric mean return? How is the common variable calculated? How is it used in each?

Given the scenario below construct a conceptual modelthe

Given the scenario below, construct a conceptual model. The Seville, Spain soccer association is renovating their soccer arena. They are adding luxury boxes that will be offered to companies. These boxes contain varying ...

Try the machine learning k-nearest-neighbor algorithm on

Try the machine learning K-nearest-neighbor algorithm on the PUMS data to get another view of the "interesting pattern" from above. (As usual, step one is to replicate my code, then gradually morph it into your own.) How ...

Explain each of the four elements on gdp from the

Explain each of the four elements on GDP from the expenditure approach. Include in your discussion what determines each and which is the largest. Your answer to this question should be about 500 words.

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate