2. Individual Problems 21-2 Planes frequently push back from the gate on time, but then wait 2 feet away from the gate until it is time to queue up for takeoff. This increases fuel consumption and increases the time that passengers must sit in a cramped plane awaiting takeoff. The following table shows the pay schedule for the flight crew. Pay Flight Attendant Captain First Officer Per diem $3 $3 $3 Holding pay per hour $20 $20 $20 Hourly wage (after push back) $38 $184 $50 Per diem pay indicates how much the flight crew earns once it checks into the airport. Holding pay indicates how much the flight crew earns after it loads the plane. Hourly wage indicates how much the flight crew earns after it pushes back from the gate and turns on the beacon. In this scenario, who does not have an incentive to push back from the gate as early as possible? Check all that apply. OCaptain O Flight attendants O Passengers O First officer True or False: Allowing the airline to decide when to push back from the gate would reduce incentives to push back from the gate too early. O True O False

ow does it tend to affect prices when licensing is required for entry into a particular field of work?     It tends to lower prices.     It tends to raise prices.     There is no consistent effect on prices caused by licensing.     It stays the same.

DN1(b, c) Amtrak has a monopoly on rail travel in the U.S. It uses price discrimination to offer a discounted price for adults who are currently enrolled students. The marginal cost per train ticket from Baltimore to New York is 100. The demand for regular tickets is P=1000-5Q and the demand for student tickets is P-500-Q. b. Find the monopoly price and quantity for regular adult tickets? c. Find the monopoly price and quantity for discounted student tickets.

Based on this graph,Calculate the total revenue from 200 pairs of shoes if there is a price ceiling.