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 47 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?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Brachial Plexus drawing plus the difference in the forearm Brachial Plexus drawing plus the difference in the forearm
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
Classic Supply - Demand Curve Classic Supply - Demand Curve
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Difference Between Solar and Sidereal Day Difference Between Solar and Sidereal Day
Sheridan Motors is a car dealership that would like to investigate if there is a difference in ... Sheridan Motors is a car dealership that would like to investigate if there is a difference in ...
Video: Language Areas Animation

For a complete list of videos, visit our video library