Answer:
In this situation
Wuthering Flights is an airline that sells seats for domestic air travel in the nation of Hamsterville. This firm experiences decreasing the average cost for the entire range of its demand curve due to very high start-up costs associated with running an airline.
The option that is based on information is:
E) It can produce and supply flights at a lower cost per unit than if there were many smaller firms
Explanation:
The reason behind this is that thanks to the start-up costs being mitigated, the company can compete in the market at very low prices. This is the classic example of a company that has developed very well in the industry and uses the advantage of the establishment to gain more consumers. It doesn't matter if the margin is smaller than its rivals, while the amount of sales is big enough to achieve a good net profit.
Answer:
Answer:
Vietnam - consists of primarily low=wage and low-skilled jobs
Singapore - has become a leading financial center
Malaysia - the world's leading producers of semiconductors
Explanation:
Answer:
To protect competition, the government imposes equal taxes and restrictions. It must use them in order to avoid the formation of monopolies.
Explanation:
Answer:
D. faster
Explanation:
Typically, the cost of traveling through ocean transportation are cheaper since average ships could take on much larger number of passengers on every route.
But Airplanes are much faster, which often become the preference for people who travel for business purpose. Most domestic planes between states usually only take hours to complete while using ocean liners could take days for the passengers.
