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 54 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?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
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
Difference of Squares Difference of Squares
An electron is accelerated from rest through a potential difference. After acceleration the ... An electron is accelerated from rest through a potential difference. After acceleration the ...
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library