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Author Question: What is the difference between discretionary demand and nondiscretionary demand? What will be an ... (Read 48 times)

justinmsk

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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?


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zhanghao

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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

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Reply #2 on: Sep 11, 2019
Thanks


zhanghao

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Reply #3 on: Sep 11, 2019
Welcome :)


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