An airline has two types of passengers: business passengers with fairly tight schedules and inelastic demand for airline flights and vacation passengers with flexible schedules and more elastic demand for airline flights. The tables below show the demand information for both types of passengers and the market demand for a single airline flight.

Business Traveler Demand

Vacation Traveler Demand

Market Demand

Same Price for All Passengers

Price

(dollars)

Quantity

Demanded

(seats)

Marginal

Revenue

(dollars)

Price

(dollars)

Quantity

Demanded

(seats)

Marginal

Revenue

(dollars)

Price

(dollars)

Quantity

Demanded

(seats)

Marginal

Revenue

(dollars)

$500 0 — $500 0 — $500 0 —
450 25 $400 450 0 — 450 25 $400.00
400 50 300 400 0 — 400 50 300.00
350 75 200 350 50 $300 350 125 266.67
300 100 100 300 100 200 300 200 166.67
250 125 0 250 150 100 250 275 66.67
200 150 200 200 0 200 350 16.67
150 175 150 250 150 425
100 200 100 300 100 500
50 225 50 350 50 575
0 250 0 400 0 650
a. If the airline can charge only one price to all passengers and its marginal cost of supplying a seat on a flight is $300, the airline will sell seats and charge a price of $ for each seat.

b. If the airline can charge different prices to the two different types of passengers and its marginal cost of supplying a seat is still $300 per seat, then business travelers will buy seats at a price of $ per seat and vacation travelers will buy seats at a price of $ per seat.

You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?

Which of these is not a result of regular exercise

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.