1.If we assume that Mr Berke intends to add 10 percent of expenses for profit, what is...
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Question:
1.If we assume that Mr Berke intends to add 10 percent of expenses for profit, what is lowest price that he should charge for each hour of helicopter service? What price should he actually charge and why?
2.Prepare a profit graph on the basis of at least two other prices than the one above. For ŕ assumed price, when would Mr Berke begin to make a profit?
Related Book For
Macroeconomics Principles and Applications
ISBN: 978-1133265238
5th edition
Authors: Robert e. hall, marc Lieberman
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