Answer:
Explanation:
The differences between day pricing of hotel rooms and the pricing of airline itineraries can be summarized based on what the product is, what the resource is, and what is being priced.
For Airline,
The product: itineraries
The resource: flight legs used by the itinerary
What is being priced: itinerary (the product).
For Hotel,
The product: multi-day stay
The resource: room on a particular day
What is being priced: room on a particular day (resource). The price of the multi-day stay (product) is the sum of the prices of each particular day (resource).
Answer:
The two types of market structure, monopoly, and monopolistic competition, generate essentially the same two types of market inefficiency:
Charging prices higher than marginal cost, meaning that consumers pay a higher price than they would otherwise in a perfectly competitive market.
Producing a smaller amount of output that in a perfectly competitive market.
The difference is in the degree of the inefficiency: monopolies are more market inefficient, and cause more harm to consumers, while monopolistic competition is a less inefficient market structure, and only causes marginal harm to consumers when compared to the hypothetical results of a perfectly competitive market structure.
Answer:
Because. . . .
Explanation:
<em>In other words, a lender checks your credit and income before approving you to borrow money. So if you have limited or poor credit, you may need a cosigner to receive private student loans. ... A cosigner can help you get approved for a loan and get a lower interest rate.</em>
Answer:
B. International trade enables specialization, which brings increased efficiency and greater competition.
Explanation:
She is making "<u>discrete</u>" type of observation.
Discrete data emerge from perceptions that can just take certain numerical qualities, ordinarily considers such number of youngsters or number of patients going to a facility in a year. Requested categorical information are in some cases regarded as discrete information, this isn't right.
Discrete data can just take specific qualities. There may conceivably be a limitless number of those qualities, however each is particular and there's no hazy area in the middle. Discrete information can be numeric - like quantities of apples - however it can likewise be straight out - like red or blue, or male or female, or great or awful.
