Business, 16.10.2019 00:00, finnierunners2

Suppose that the walt disney company decides to locate a new resort, lonestar disney, between houston and dallas. disney’s crack economists have estimated that each person will take an average of q = 50 – 25p rides, where p is the price per ride. assume that the marginal cost of each ride is zero. a. if disney decides to set its admission price at zero and simply charge monopoly price per ride, what is this price? how many rides per visitor? show/illustrate your work. b. suppose, instead, disney can charge an entry fee. after entry each ride is free (p=0). how many rides does each visitor take? if disney charges an entry fee corresponding to the block price at this number of rides, what is this entry fee? show/illustrate your work. c. if (a) and (b) are the only two options available, and neither costs nor the forecasted number of visitors are expected to differ substantially amongst the two, what would you advise disney to do? why?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 00:20, randallmatthew6124

Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.

Answers: 1

continue

Business, 22.06.2019 12:10, latdoz0952

Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries

Answers: 1

continue

Business, 22.06.2019 16:50, mariposa91

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

Answers: 1

continue

Business, 22.06.2019 19:40, silasjob09

The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.

Answers: 3

continue

Do you know the correct answer?

Suppose that the walt disney company decides to locate a new resort, lonestar disney, between housto...