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Please see questions in the image below. Examine the US passenger airline industry using Porter' 5 Five Forces? Is this an attractive industry? Why or

Please see questions in the image below.

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Examine the US passenger airline industry using Porter' 5 Five Forces? Is this an attractive industry? Why or Why not? When real estate agents sell their own, rather than clients', houses, they leave the houses on the market for a longer time (10 days longer on average) and wind up with better prices (2% higher on average). Why? Suppose that a paper mill \"feeds\" a downstream box mill. For the downstream mill, the marginal protability of producing boxes declines with volume. For example, the rst unit of boxes increases earnings by $10, the second $9, the third $7, and so on, until the tenth unit increases prot by just $1. The cost the upstream mill incurs for producing enough paper to make one unit of boxes is $3 .50 a. If the two companies are separate prot centers, and the upstream paper mill sets a single transfer price (the price the box company pays the paper mill), what price will it set, and how much money will the company make? b. If the paper mill were forced to transfer at marginal cost, how much money would the company make? Paper Mill Price Quantity Revenue MR MC Prot 10 1 10 10 3.5 6.50 9 2 18 8 3.5 11.00 8 3 24 6 3.5 13.50 7 4 28 4 3.5 14.00 6 5 30 2 3.5 12.50 5 6 30 0 3.5 9.00 4 7 28 -2 3.5 3.50 3 8 24 -4 3.5 -4.00 2 9 18 -6 3.5 -13.50 1 10 10 -8 3.5 -25.00 Box NIill (prot center) Quantity MR MC 1 10 7.0 2 9 7.0 3 8 7.0 4 7 7.0 5 6 7.0 6 5 7.0 7 4 7.0 8 3 7.0 9 2 7.0 10 1 7.0

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