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aivan3 [116]
4 years ago
5

Two small airlines provide shuttle service between Las Vegas and Reno. The services are alike in every respect except that Fly R

ight bought its airplane for $500,000, while Fly by Night rents its plane for $30,000 a year. If Fly Right were to go out of business, it would be able to rent its plane to another airline for $30,000. Which airline has the lower costs?
Business
2 answers:
zaharov [31]4 years ago
6 0

Answer:

the economic cost is the same for both airlines

Explanation:

The economic cost considers both accounting and implicit costs. Fly by Night's economic cost = $30,000 per year which is equal to its annual lease. Fly Right's economic cost is also $30,000, because that is the opportunity cost of using the airplane. If they decided to buy a bigger (or smaller) plane,  they could lease this one at $30,000, so that is its economic cost.  

allochka39001 [22]4 years ago
3 0

Answer:

Neither the costs are identical.

Explanation:

In the given scenario both of the airlines offer similar services to customers and the only difference is the way their aircraft was obtained. While the first company bought its own for $500,000 the second one is renting theirs for $30,000.

Their costs are however considered to be the same because if the first company goes out of business it's estimate of their plane is $30,000 per year. So even when they owned the plane cost of running it was the same as the second company.

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Listening skills are important for career success and organizational effectiveness. Considered one of the soft skills, listening
Basile [38]

Answer:

B. become actively involved

Explanation:

If you’re having trouble focusing on a message, you could become actively involved. Doing this means that you can try and add your own input to the theme of the message, which in term would help you learn/understand more details about the message and even add your own opinions to the message itself. Making things personal allows for better focus which in term improves the skills being used, in this case listening.

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4 years ago
Suppose the minicd corporation's common stock has an expected return of 12%. assume the risk-free rate is 4%, the expected marke
statuscvo [17]

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3 years ago
All of the following are examples of automatic stabilizers except :
Elina [12.6K]
<span>All of the following are examples of automatic stabilizers except the rapid growth decreases the number of people collecting unemployment. And more people qualify for unemployment as a result of a recession. The answers are the first and the fourth sentences.</span>
5 0
3 years ago
Today, the spot price of the EUR/USD exchange rate is $1.0796. The bid and ask quotes for the six-month EUR/USD forward contract
pantera1 [17]

Answer:

b. 13.63%

Explanation:

Multiple choice <em>"(a) 1.01% (b) 1.37% (c) 0.50% (d) -0.50%"</em>

<em />

Spot rate = future rate /(1 + interest rate differential)

1.0796 = (1.0796 + 0.007356)/(1 + interest rate differential)

1.0796 = 1.086956 / (1 + interest rate differential)

1.0796 * (1 + interest rate differential) = 1.086956

(1 + interest rate differential) = 1.086956/1.0796

(1 + interest rate differential) = 1.006813634679511

Interest rate differential = 1.006813634679511 - 1

Interest rate differential = 0.006813634679511

interest rate differential = 0.006813634679511*2

interest rate differential = 0.013627269359022

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So, the difference between interest rate of Europe and US is 13.63%.

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3 years ago
If philip b decided to formulate a lower-price, lower-quality hair care line, it should sell this new product line at.
Len [333]

If Philip B decided to formulate a lower-price, lower-quality hair care line, it should sell this new product line at Target and other big-box retailers. This is further explained below.

<h3>What is retail?</h3>

Generally, retail is simply defined as a trade often known as "consumer sales," which refers to the practice of selling products directly to end-users rather than wholesalers or retailers.

In conclusion, If Philip B were to create a new, lower-priced, lower-quality line of hair care products, it would be well-served to market these goods at Target and other discount department stores.

Read more about retail

brainly.com/question/15877511

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7 0
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