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Author Question: An article in the Wall Street Journal noted the following: Instead of relying on a full-coach, ... (Read 110 times)

serike

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on: Jun 29, 2018
An article in the Wall Street Journal noted the following: Instead of relying on a full-coach, round-trip unrestricted fare of about 2,000 between Cleveland and Los Angeles ...
 
  Continental Airlines since June has offered a 716 unrestricted fare in that market .... Through October, the test resulted in about the same revenue that Continental thinks it would have collected with its higher fare.
  Source: Scott McCartney, Airlines Try Cutting Business Fares, Find They Don't Lose Revenue, Wall Street Journal, November 22, 2002.
 
  What is the absolute value of the price elasticity of demand on this airline route?
  A) less than 1 B) approximately 1 C) greater than 1 D) 0

Question 2

When economists refer to the brain drain in developing countries what do they mean?
 
  What will be an ideal response?
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Loise Hard

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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serike

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Dinolord

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Reply 3 on: Yesterday
Excellent

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