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denis-greek [22]
3 years ago
15

The airlines have different rules on discounts for different types of travelers. The airlines do this because:

Business
1 answer:
aalyn [17]3 years ago
5 0

Answer:

A) different types of travelers have different elasticities of demand

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand can range from elastic to inelastic.

Demand is price elastic if a small change in price has a greater effect on the quantity demanded.

Demand is price inelastic if a change in price has little or no effect on quantity demanded.

Airline industry tends to give discounts to customers with a more elastic demand to increase their demand.

I hope my answer helps you

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In monopolistic competition prices are usually higher than in perfect competition.
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In the last 40 years, the number of women in the workforce has increased tremendously, and pay has also improved. In what ways i
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Explanation:

There are many ways in which the progress of women in the workforce is still an important and pressing issue. This issue needs immediate action and the progress of women is of utmostimportance. This can be due to the following reasons.

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3 years ago
A customer buys 1 XYZ Dec 30 call at 7 and sells 1 XYZ Dec 40 call at 1. Two months later, if the customer closes the positions
nadezda [96]

Answer:

Gain of $300

Explanation:

Based on the information given the investor have a debit spread and Since the investor  paid a net premium of the amount of $600 which is calculated as : (7 − 1) in which the spread had widened  to 9  which means the  investor will have a  profit or gain of the amount of  $300 calculated as :(9 − 6) due to the spread .  

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3 0
4 years ago
Richard operates a hair styling boutique out of his home. The boutique occupies 420 of the home's 1,200 square feet of floor spa
Gennadij [26K]

Answer:

b. $1300 income

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Amount of income from the boutique would be all the income receipts as reduced by all the qualifying expenses relating to the business.

So, Richard's income from the boutique would be computed as under:

= $10,000 gross income - $2400 supplies expense - Depreciation attributable to boutique i.e 35% of $12,000 - utilities expenses attributable to boutique i.e 35% of 6000

= $10,000 - 2400 -  4200 - 2100

= $1300 income

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3 years ago
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