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(20 points) Assume a railway serves two classes of shippers - we'll call them captive and non-captive shippers. The market demands for the two classes
(20 points) Assume a railway serves two classes of shippers - we'll call them captive and non-captive shippers. The market demands for the two classes are; Captive: QC = 70 - PC Non-captive: QNC = 80 - 2PNC You also know the railway has marginal costs of $10 in each market, plus there is a fixed cost of the rail track, which is $1200
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
