Answer:
The answer is price per room
Explanation:
The parameter that changes under yield management is price per room.
Because when considering sales and operations planning for services and perishable products such as airline seats, hotel rooms, the prices are regularly adjusted to maximize total profit.
Answer: B) the firm will shut down in the short run, but stay in the industry in the long run if it expects the product price to rise high enough soon.
Explanation:
If a purely competitive firm is currently facing a situation where the price of its product is lower than the average variable cost, but it believes that the market demand for its product will increase soon, then the firm will shut down in the short run, but stay in the industry in the long run if it expects the product price to rise high enough soon.
Finance: accountant, loan officer. Marketing, Cargo and Freight Agent - Transportation, Distribution and Logistics.
Answer:
Dealers ; Brokers
Explanation:
Foreign exchange dealers make money or profit by buying stock at lower price and selling the same at a higher price. They do this by adding a markup on the price of stock bought by them and sell the same to a buyer. The markup serves as profit to dealers.
Foreign exchange brokers act as intermediary between buyers and sellers as traders could execute trades through a brokers only. A broker earns profit in the form of commissions and fees earned on executing each transaction.
