If the government saw that consumer confidence was low, what step can it take to shift the AD to the right?October 11, 2020
If Canadian purchases of foreign assets were $100 million, Canadian loans to foreigners were $50 million, foreign purchases of Canadian assets wereOctober 11, 2020
Problem 1: Using the Marginal Approach
Your company runs a shuttle business of a hotel to and from the local airport. The costs for different customer loads are: 1 customer: $30 2 customers: $32 3 customers: $35 4 customers: $38 5 customers: $42 6 customers: $48 7 customers: $57 8 customers: $68.
1. What are your marginal costs for each customer load level? (Chart) 2. If you are compensated $10 per ride, what customer load would you choose? (Essay)
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