PUP 48,213    UST 40,000 FEU  27,889 LRT2 200,000 passengers daily   If 60% of PUP, 30% of UST, and 85% of FEU students take LRT2 daily and pays an average fare of Php25 per day…   What is the total annual market size (revenue) of LRT2? What is the total annual market size (revenue) of the 3 schools? If operations is halted for 1 week, what is the projected loss in revenues? What is the market share (volume) of: PUP students? UST students? Feu students?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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PUP 48,213    UST 40,000

FEU  27,889

LRT2 200,000 passengers daily

 

If 60% of PUP, 30% of UST, and 85% of FEU students take LRT2 daily and pays an average fare of Php25 per day…

 

What is the total annual market size (revenue) of LRT2?

What is the total annual market size (revenue) of the 3 schools?

If operations is halted for 1 week, what is the projected loss in revenues?

What is the market share (volume) of: PUP students? UST students? Feu students?

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