Chat Now Available 24/7
Log in
Chat Now
Log in
Order Now

Order For Similar Custom Papers & Assignment Help Services

Fill the order form details - writing instructions guides, and get your paper done.

Check Prices
Order Now

Posted: March 16th, 2022

1.What effect, if any, does each of the following events have on the price

1.What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets?

a) A decline in corporate earnings causes firms to cut their travel budgets, which in turn causes expenditures on corporate jet travel to become a larger fraction of total spending on corporate travel.

b) A new, much more fuel-efficient corporate jet is introduced.

c) Further deregulation of the commercial airlines industry substantially increases the variety of departure times and destinations offered by commercial airlines.

d) The cost of manufacturing corporate jets rises.

2.Assume that the demand for cosmetic or plastic surgery is price inelastic. Are the following statements true or false? Explain.

a) When the price of plastic surgery increases, the number of operations decreases.

b) The percentage change in the price of plastic surgery is less than the percentage change in quantity demanded.

c) The marginal revenue of another operation is negative.

d) Changes in the price of plastic surgery do not affect the number of operations.

e) Quantity demanded is not very responsive to changes in price.

f) If more plastic surgery is performed, expenditures on plastic surgery will decrease.

3.Fill in the blanks:

a. The price elasticity of demand for a firm’s product is equal to –1.75 over the range of prices being considered by the firm’s manager. If the manager increases the price of the product by 9 percent, the manager predicts the quantity demanded will ________ (increase, decrease) by ________ percent.

b. The price elasticity of demand for an industry’s demand curve is equal to –1.75 for the range of prices over which supply decreases. If total industry output is expected to decrease by 14 percent as a result of the supply decrease, managers in this industry should expect the market price of the good to ________ (increase, decrease) by ________percent.

4. use the attachment for following questions.

a. The point elasticity of demand at a price of $500 is _________.

b. The point elasticity of demand at a price of $175 is _________.

c. Demand is unitary elastic at a price of $_________.

d. As price falls, |E| __________________ (gets larger, gets smaller, stays the same) for a linear demand curve.

Order | Check Discount

Sample Homework Assignments & Research Topics

Tags: buy psychology essay, nursing assignment writing service uk, nursing essay writing, Nursing Essay Writing Service, nursing essay writing service uk

Assignment Help For You!

Special Offer! Get 20-25% Off On your Order!

Why choose us

You Want Quality and That’s What We Deliver

Top Skilled Writers

To ensure professionalism, we carefully curate our team by handpicking highly skilled writers and editors, each possessing specialized knowledge in distinct subject areas and a strong background in academic writing. This selection process guarantees that our writers are well-equipped to write on a variety of topics with expertise. Whether it's help writing an essay in nursing, medical, healthcare, management, psychology, and other related subjects, we have the right expert for you. Our diverse team 24/7 ensures that we can meet the specific needs of students across the various learning instututions.

Affordable Prices

The Essay Bishops 'write my paper' online service strives to provide the best writers at the most competitive rates—student-friendly cost, ensuring affordability without compromising on quality. We understand the financial constraints students face and aim to offer exceptional value. Our pricing is both fair and reasonable to college/university students in comparison to other paper writing services in the academic market. This commitment to affordability sets us apart and makes our services accessible to a wider range of students.

100% Plagiarism-Free

Minimal Similarity Index Score on our content. Rest assured, you'll never receive a product with any traces of plagiarism, AI, GenAI, or ChatGPT, as our team is dedicated to ensuring the highest standards of originality. We rigorously scan each final draft before it's sent to you, guaranteeing originality and maintaining our commitment to delivering plagiarism-free content. Your satisfaction and trust are our top priorities.

How it works

When you decide to place an order with Dissertation App, here is what happens:

Calculate Your Order Check Prices

Complete the Order Form

You will complete our order form, filling in all of the fields and giving us as much detail as possible.

Assignment of Writer

We analyze your order and match it with a writer who has the unique qualifications to complete it, and he begins from scratch.

Order in Production and Delivered

You and your writer communicate directly during the process, and, once you receive the final draft, you either approve it or ask for revisions.

Giving us Feedback (and other options)

We want to know how your experience went. You can read other clients’ testimonials too. And among many options, you can choose a favorite writer.