Outline Airline ticket pricing The demand function Determinants of demand Elasticity of demand Price elasticity, revenue, and marginal revenue.
Three sections Section 1 Discriminatory two-part tariff Section 2 Uniform two-part tariff Section 3 Applications of two-part tariff Volume.
Economics Problems
Problems from last session 1.A cost function for a bus that runs between the city and a college is estimated by TC = 100P – 64P 2 + 4P 3, P indicates the.
Managerial Economics & Business Strategy
Intro to Econometrics Using Excel for Estimation.