Consider an airline trying to sell plane tickets to business travellers and tourists. Theairline cannot distinguish between the two at the point of sale, but knows that ingeneral, business travelers have higher willingness to pay for better seats. Let PF and PC be the price of first class and coach tickets respectively. Suppose that businesstravelers are willing to pay $1000 for a first class seat and $400 for a coach seat, where as tourists are willing to pay $500 for a first class seat and $300 for a coach seat.

What are the information rents that the airline must leave to business travelers? What is the price of a first class seat?

Jen heard that the bank where she kept her money was going to close for good. jen said she wasn't worried

Regarding the results of a swot analysis, organizational weaknesses are (a) internal factors that the organization may exploit for a competitive advantage (b) internal factors that the organization needs to fix in order to be competitive (c) mbo skills that should be emphasized (d) skills and capabilities that give an industry advantages problems that a specific industry needs to correct

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?