Business, 17.03.2020 01:25 priscilalegarda

Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $ 80 per passenger. Great Cruiseline's variable cost of providing the dinner is $ 40 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $ 240,000 per month. The company's relevant range extends to 12,000 monthly passengers.
If FunTime Cruiseline has a target operating income of $30,000 per month, how many dinner cruise tickets must the company sell? First, identify the formula, then compute the target sales in units.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 21:30

Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?

Answers: 1

Answer

Business, 23.06.2019 20:00

From 1960 to 1970, the consumer price index (cpi) increased from 29.6 to 48.2. if a dozen donuts cost $0.89 in 1960 and the price of donuts increased at the same rate as the cpi from 1960 to 1970, approximately how much did a dozen donuts cost in 1970?

Answers: 1

Answer

Business, 24.06.2019 07:00

Suppose the united states has two utilities, commonweath utilities and consolidated electric. both produce 20 million tons of sulfur dioxide pollution per year. however, the marginal cost of reducing a ton of pollution for consolidated electric consolidated electric is $325325 per ton and the marginal cost of reducing a ton of pollution for commonwealth utilities commonwealth utilities is $425425 per ton. the government's goal is to cut sulfur dioxide pollution in half (by 20 million tons per year). if the government issues 10 million tradable pollution permits to each utility, what will be the cost of eliminating half of the pollution to society

Answers: 3

Answer

Business, 24.06.2019 09:00

The marginal costs (mc), average variable costs (avc), and average total costs (atc) for a monopolistically firm are shown in the figure below. instructions: using the tools provided, identify the profit-maximizing quantity (q), the profit-maximizing price (p), and the profit (profit). instructions: round your answers to the nearest whole number. use a negative sign if necessary. at the profit-maximizing price and quantity, profit is . in the long run, other firms will this market. will and the price of this good will .

Answers: 1

Answer

You know the right answer?

Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the U...

Questions