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 17 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?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

How to Factor a Sum or Difference of Two Cubes How to Factor a Sum or Difference of Two Cubes
How to Factor a Difference of Squares How to Factor a Difference of Squares
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
Difference-Between-Carbohydrates-and-Lipids-infographic Difference-Between-Carbohydrates-and-Lipids-infographic
Solve Diophantus’s Problem B–8: To find two numbers such that their difference a Solve Diophantus’s Problem B–8: To find two numbers such that their difference a
Video: Introduction to Heart Attacks

For a complete list of videos, visit our video library