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julia-pushkina [17]
3 years ago
7

Which of the following airlines does NOT employ a low-cost provider strategy? Airline 1 offers low prices on short-distance flig

hts and cuts down on meals during flights. Airline 2 offers low prices on long-distance flights and has long service times for its planes between flights. Airline 3 offers low prices on short-distance flights and improves flight carrier capacity through addition of seats by reducing distance between existing seats. Airline 4 offers low prices on short-distance flights and pays minimum wage rates to the flight crew. Airline 5 offers low prices on long-distance flights and charges fees for carry-on as well as checked luggage.
Business
1 answer:
Rainbow [258]3 years ago
3 0

Answer:

Airline 2 offers low prices on long-distance flights and has long service times for its planes between flights.

Explanation:

Low Cost providing strategy is the strategy in which the services are provided at a lower cost and but the quality of service is acceptable, and is in fact good.

Where the price along with quality is decreased the low cost strategy is not followed.

As in the case of Airline 2 the cost is decreased for passengers and at the same time the service is also decreased.

As there is a long gap of time in between the flights.

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On January 1, 2012, Gucci Brothers Inc. started the year with a $492,000 balance in Retained Earnings and a $605,000 balance in
dsp73

Answer:

option (C) $1,201,300

Explanation:

Data provided in the question:

Balance in retained earnings = $492,000

Balance in Common Stock = $605,000

Net income earned = $92,000

Dividend paid = $15,200

Common stocks issued = $27,500

Now,

Common Stock

= Balance in Common Stock + Common stocks issued

= $605,000 + $27,500

= $632,500

Retained Earnings

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= $492,000 + $92,000 - $15,200

= $568,800

Total Stock Holders Equity on Dec 31,2012

= Common Stock + Retained Earnings

= $632,500 + $568,800

= $1,201,300

Hence,

The answer is option (C) $1,201,300

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2 years ago
The ability to conduct financial transactions through a smartphone is known as
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Sam and Teresa run a catering business in which they have two major tasks: getting new clients and preparing food for events and
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Answer:

The number of new clients will increase by

12/3 = 4

Therefore, the number of new clients will increase by 4.

Explanation:

In getting new client, Sam takes 5hours, while Terasa takes 3hours.

In preparing food, Sam takes 10hours while Teresa takes 12hours.

It can be seen that Sam has absolute advantage and comparative advantage in preparation of food, while Tesesa has absolute advantage and comparative advantage in getting new client.

Sam with the comparative advantage in food preparation will take over preparing food for one more event by taking the necessary time away from getting more clients, and Teresa will use the freed-up time from not preparing food for one event to get more clients.

Teresa will free up 12hours she used in the preparation of food.

Since she use 3hours to get new client, She will get

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One day, a local theme park charges $40 per person for admission, and 10,000 people visit the park. On another day, the park cha
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Answer:

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There are no rare class of goods which do not follow the Law of Demand

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