2. Duck Airlines charges all passengers the same $400 fare on its routes. The average flight carries 60 passengers in a plane with a capacity of 100. One-third of the passengers are business travelers and two-thirds are leisure travelers. A bright , young economist tells the airline that it should engage in price discrimination. She estimates that if it increases the business fares by 10%, it will lose 5% of the business passengers, and if it reduces leisure fares by 10% it will increase leisure travelers by 20%. Calculate the total revenue of Duck Airlines under it's current one-price plan and under the price discrimination plan.

To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks

Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?