I DONâT WANT THE CALCULATION PART.
I need you to analyze the problem and answer the below questions. I need a clear and detailed briefing of this question by analyzing the problem by asking the below three questions and Answer to these questions will suggest solutions centered on.
Question: game day shuttle service
âYou run a game day shuttle service for parking services for the local ball club. Your costs for different customerâs loads are 1: $30, 2: $32, 3: $35, 4: $38, 5: $42, 6: $48, 7: $57, and 8: $68. What are your marginal costs for each customer load level? If you are compensated $10 per ride, what customer load would you wantâ
Analyze the problem by using these three questions:
1. Who is making the bad decision? Why?
2. Does the decision maker have enough information to make a good decision? Why?
3. The incentive to do so? Why?
Answer to these questions will suggest solutions centered on:
1. Letting someone else make the decision, someone with better information or incentives
2. Giving the decision maker more information
3.Changing the decision makerâs incentives.
I DONâT WANT THE CALCULATION PART.
I need you to analyze the problem and answer the below questions. I need a clear and detailed briefing of this question by analyzing the problem by asking the below three questions and Answer to these questions will suggest solutions centered on.
Question: game day shuttle service
âYou run a game day shuttle service for parking services for the local ball club. Your costs for different customerâs loads are 1: $30, 2: $32, 3: $35, 4: $38, 5: $42, 6: $48, 7: $57, and 8: $68. What are your marginal costs for each customer load level? If you are compensated $10 per ride, what customer load would you wantâ
Analyze the problem by using these three questions:
1. Who is making the bad decision? Why?
2. Does the decision maker have enough information to make a good decision? Why?
3. The incentive to do so? Why?
Answer to these questions will suggest solutions centered on:
1. Letting someone else make the decision, someone with better information or incentives
2. Giving the decision maker more information
3.Changing the decision makerâs incentives.
