Business, 29.01.2020 03:45 shyannehamilton1183

Each of the following events occurs (one at a time) in the market for air travel.

a. airfares tumble, while long distance bus fares dont change.

b. the price of jet fuel rises.

c. airlines boost the number of flights each day.

d. people expect airfares to increase next summer.

e. a severe winter in ny induces more people to vacation in florida.

f. with no snow in the rockies, fewer people travel to the ski slopes.

g. the price of train travel falls.

h. the of a pound of air cargo falls.

only one of the following statements about the market for air travel is true. which one?

1. events b, c, and h change the qty. supplied but do not change supply.

2. event c increases supply.

3. event f has no effect on demand.

4. event c decreases demand.

5. event e increases supply.

6. event a changes both demand and supply.

7. events d, e, f, and g change the qty. demanded but do not change demand and event a changes demand.

Answers: 1

Show answers

Another question on Business

Business, 20.06.2019 18:04

What is the difference between a government and a state

Answers: 2

Answer

Business, 22.06.2019 21:30

Consider the following three bond quotes; a treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. if the treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? multiple choice $872.50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $872.50, $1,024.20, $5,072.50, respectively $1,000, $1,000, $1,000, respectively

Answers: 3

Answer

Business, 22.06.2019 22:40

Southeastern oklahoma state university's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. however, in an effort to limit class sizes to a "reasonable" level (under 200 generally), southeastern's dean, holly lutze, placed a ceiling on enrollment of 1,600 new students. although there was ample demand for business courses last semester, conflicting schedules allowed only 1,440 new students to take business courses.the utilization rate for southeastern=%the efficiency rate for southeastern=%

Answers: 3

Answer

Business, 22.06.2019 23:30

An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would:

Answers: 1

Answer

You know the right answer?

Each of the following events occurs (one at a time) in the market for air travel.

a. air...

Questions