Suppose that airlines compete for customers on flights between Chicago and Los Angeles. The total number of passengers flown by the firms, Q, is the sum of the number of passengers flown by each firm. We assume all firms are identical and face the same costs. Our estimate of the market demand function is Qequals431minusp, where price, p, is the dollar cost of a one-way flight, and total quantity of the airlines combined, Q, is measured in thousands of passengers flying one way per quarter. Each airline has a constant marginal cost, MC, of $138 per passenger per flight. What fixed cost would result in four firms operating in the monopolistically competitive equilibrium? What are the equilibrium quantities and prices? The Cournot equilibrium quantity for each of the four firms is

Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.