Managerial Economics
Airline Ticket Prices
Prepare a 2-3 page paper using APA format discussing Airline Ticket Prices.
An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense?
Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.
Grading Criteria Assignments | Maximum Points |
Meets or exceeds established assignment criteria | 40 |
Demonstrates an understanding of lesson concepts | 20 |
Clearly presents well-reasoned ideas and concepts | 30 |
Uses proper mechanics, punctuation, sentence structure, and spelling | 10 |
Total | 100 |