which of the following scenarios depicts a seller who is following the rational rule for sellers? american airlines determines the marginal cost of an extra passenger to be $75 and sells a discount seat for $250. mindy sets up a lemonade stand and calculates the cost of an additional cup of lemonade at 50 cents, and sells it for 25 cents. andy's diner finds that the marginal cost of a fish and chips meal is $7 and lists the item for sale at $6.50. an auto-rickshaw driver in new delhi, india, calculates a trip to have a marginal cost of 350 rupees and accepts a ride request for 315 rupees.

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30-11-2022
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which of the following scenarios depicts a seller who is following the rational rule for sellers? american airlines determines the marginal cost of an extra passenger to be $75 and sells a discount seat for $250. mindy sets up a lemonade stand and calculates the cost of an additional cup of lemonade at 50 cents, and sells it for 25 cents. andy's diner finds that the marginal cost of a fish and chips meal is $7 and lists the item for sale at $6.50. an auto-rickshaw driver in new delhi, india, calculates a trip to have a marginal cost of 350 rupees and accepts a ride request for 315 rupees.

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KunalYadav273 KunalYadav273 · Answer 1 · 2022-12-02T23:52:22+01:00

American Airlines calculates that the cost per unit of an additional passenger is $75 and charges $250 for a discounted seat.

Who are the suppliers and buyers?

"On the whole, buyers or sellers "describes a market's order imbalance at a certain moment. The expression also applies to traders who activity over time tends mostly towards buying or selling than toward striking a middle ground between the two.

What does "best seller" mean?

A bestseller is simply a book or other piece of writing that has achieved outstanding sales results. Bestseller lists are published by magazines, periodicals, major book stores, and newspapers. Some listings are divided into categories and areas of skill (novel, nonfiction book, cookbook, etc.).

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