This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why are railroads in other countries more commonplace and accepted than in the United States? ... (Read 77 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Sep 11, 2019

Question 1

Does discounting price always lead to more rooms/seats sold and higher revenue?
 
  What will be an ideal response?

Question 2

Why are railroads in other countries more commonplace and accepted than in the United States?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Sep 11, 2019

Answer 1

Not always. Demand sometimes reaches a plateau meaning that a lower/higher price will not significantly change its pattern. In that case, discounting (or raising rates) does not lead to additional (or less) capacity sold. Studies have concluded that for a larger market, discounting does not lead to more revenue for that market as a whole. Nevertheless, it is important to highlight that, while overall revenue may not be impacted by discount, individual businesses receive different shares out of that market. At a micro-market level, consumer buying patterns can usually be influenced by pricing.

Answer 2

With heavy government subsidies, railway systems in other countries have been able to offer customers frequent, dependable service in modern and fast trains. Also, their airline systems do not provide the cheap fares and coverage that are available in the United States.


laurencescou

  • Member
  • Posts: 593
Reply 2 on: Sep 11, 2019
Gracias!

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Ecological footprints of different countries. Ecological footprints of different countries.
Saline Groundwater in the United States Saline Groundwater in the United States
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern This painting depicts New Orleans in 1803, when the city was acquired—along with much of the modern
The Location and Number of Farms in the United States, 2012 The Location and Number of Farms in the United States, 2012
STDs in the United Stated STDs in the United Stated
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library