1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zheka24 [161]
2 years ago
6

A regional airline owns 10 aircraft and employs 20 pilots. The airline makes an average of three trips per day with each of its

10 aircraft. The aircraft and their ground crews are idle part of the day. Minimum rest requirements for its pilots mean that if the airline wants to increase its flights, it must hire more pilots. The decision to hire more pilots is:
Business
1 answer:
marishachu [46]2 years ago
6 0

Answer:

a short-run decision because the number of aircraft is held constant while the labor input is changed.

Explanation:

In the short run, at least one variable or factor of production is fixed and cannot be changed. In the long run, all factors of production can be changed.

In this case, the number of aircraft is the fixed factor of production (capital) while labor is variable because more pilots can be hired. Regulation state that pilots must rest a certain amount of time in between flights, so if you want to increase the amount of flights you need to hire more pilots and cabin crews since regulations do not require planes to rest.

You might be interested in
The terms “production-oriented leaders” and “employee-oriented leaders” are associated with which research effort to identify th
lions [1.4K]
The two terms are associated with MICHIGAN LEADERSHIP STUDIES which was geared toward identifying the communication patterns of leaders.
The study also identified three critical features of effective leaders, which are: task oriented behavior, participative leadership and relationship oriented behavior. 
6 0
3 years ago
The use of activity-based costing information to support the decision-making process is known as:
max2010maxim [7]
The answer is: activity-based management. 
4 0
2 years ago
What is another term for the buying and selling of stocks?
Galina-37 [17]
B I’m pretty sure have a great day
6 0
2 years ago
Read 2 more answers
An income statement reports the revenues earned minus expenses incurred by a business over a period of time.
Alex

Answer:

True

Explanation:

This is an income statement. Ex: Rent expenses, salaries expense, total revenues, etc.

7 0
3 years ago
Read 2 more answers
A country recently experienced a drop in consumer purchases and a rise in business inventories of durable goods. Wages grew slow
brilliants [131]

Answer:

A recession

Explanation:

A recession is a period of slow or negative economic growth that lasts several months. In a recession, there is a general decline in productivity in the economy. In other words, the GDP growth rate drops too low or turns negatives.

Due to low productivity, unemployment rate rises as the industries and services sectors lay-off workers instead of creating job opportunities.  There is reduced consumer confidence leading to low retail sales and a decline in prices.

Negative growth implies reduced levels of investment in the economy. Businesses experience low profits, and hence, stock prices fall.  Economist considers recessions a part of a normal business cycle.

8 0
2 years ago
Other questions:
  • Akihabara Imports offers the widest selection of Japanese animation products available on the Internet.
    12·1 answer
  • A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between tha
    12·2 answers
  • In an analysis of the market for paint, an economist discovers the facts listed below. State whether each of these changes will
    15·1 answer
  • Susie Jones is in the office today to see her regular physician for her 5 year well child check. She is getting ready to start s
    7·1 answer
  • How much must be deposited today into the following account in order to have 35000
    14·1 answer
  • Which of the following is an example of a financial market?
    8·1 answer
  • 1. What PECs must she possess if there are customer who complain about the quality of her product???
    10·1 answer
  • Diversity in top teams can lead to which of the following? Check all that apply.
    12·1 answer
  • Distinguish between the Federal funds rate and the prime interest rate. Which of these two rates does the Fed explicitly target
    11·1 answer
  • Has social media improved human communication?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!