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

Author Question: What is the difference between discretionary demand and nondiscretionary demand? What will be an ... (Read 50 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Sep 11, 2019

Question 1

What is the main advantage of larger planes? Disadvantage?
 
  What will be an ideal response?

Question 2

What is the difference between discretionary demand and nondiscretionary demand?
 
  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

zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Sep 11, 2019

Answer 1

Larger planes can carry more passengers and provide more comfortable seating due to their double aisles. The downside of jumbo jets is that they are expensive to operate. Also there are relatively few markets where they can operate with sufficient passenger loads.

Answer 2

Spending on non-necessary items constitutes discretionary consumption while nondiscretionary spending involves purchases of necessary items.


justinmsk

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Sep 11, 2019
Thanks


zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Sep 11, 2019
Welcome :)


« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds
The difference between a human and an ape. The difference between a human and an ape.
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
Classic Supply - Demand Curve Classic Supply - Demand Curve
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Video: Polymerase chain reaction PCR - Animation

For a complete list of videos, visit our video library