You own a franchise of rental car agencies in florida. you recently read a report indicating that about 80 percent of all tourists visit florida during the winter months in any given year, and that 60 percent of all tourists traveling to florida by air rent automobiles. travelers not planning ahead often have great difficulty finding rental cars due to high demand. however, during nonwinter months tourism drops dramatically and travelers have no problem securing rental car reservations. determine the optimal pricing strategy for this situation. block pricing peak-load pricing randomized pricing two-part pricing

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?