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 55 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?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

The difference between mieosis and mitoses The difference between mieosis and mitoses
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
The difference between a human and an ape. The difference between a human and an ape.
A difference in oxygen content between the atmosphere and the exhaust gases enables an O2S to ... A difference in oxygen content between the atmosphere and the exhaust gases enables an O2S to ...
How to Factor a Sum or Difference of Two Cubes How to Factor a Sum or Difference of Two Cubes
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library