Answer:
True
Explanation:
The threat of imposing fines on the airlines could increase delays by forcing airlines to disembark people from the plane and then reboard them more than necessary.
Airlines are allowed to stay on the tarmac not more than three hours before departure. Most of these airlines would usually deplane their passengers when there are delays maybe due to repair while on the tarmac. This is to avoid federal fines for tarmac delays exceeding three hours.
However, where government is considering imposing outrageous fines on airlines with regards to the above scenario, such move would lead to increase in flight cancellation and or rescheduling of passengers for later flights.
Answer:
The correct option is D
Explanation:
Monopolist is a company, individual or a group which controls or regulates all the market for a specific good or service. They have little scope to improve their product as customers will have no alternatives available.
Source of market power they have a copyright or patent, control critical resources, enjoy economies of scale and have the government authorized franchise.
Answer:
$6.25 per ton of coal
Explanation:
the depletion base = purchase cost + restoration costs
- purchase cost = $20 million
- restoration costs = $6 million
depletion base = $26,000,000
depletion rate per ton of coal = (depletion base - salvage value) / estimated reserves = ($26,000,000 - $1,000,000) / 4,000,000 = $6.25 per ton of coal
The depletion rate follows the same concepts as depreciation of fixed assets, but instead of using a fixed asset, you are extracting materials and decreasing the value of the deposits.
Answer:
A. 200 units per order
Explanation:
To solve this you have to use the <em>economic order quantity</em> formula:
Where:
Demand = 4,000
S= supply cost = ordering cost = 20
H= holding cost = 4
Economic Order Quantity = 200
<em><u>How to Remember:</u></em>
Demand per year and order cost goes in the dividend.
Holding cost goes in the divisor.
Explanation:
The flood will lead to the destruction of the resources in the country.This will result in the shifting of the PPC curve leftward in the economy.
Earlier PPC is represented by PP curve.After the floods and destruction of resources,the curve shifts to P1P1.It is due to the availability of the number of possible combinations which decreases with the destruction of resources.
