Why would profit-seeking airlines not find it in their interest to use earnings from profitable routes to
Question:
Why would profit-seeking airlines not find it in their interest to use earnings from profitable routes to subsidize unprofitable routes?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
It is because airlines are only interested in maximizing profit per passenger and not total profit ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Why do honeybees find it in their interest to leave some nectar in each flower they visit? Can you think of any human activities that yield a similar result?
-
Why are many U.S. multinationals seeking to improve their visibility with foreign investors, even going so far as to list their shares on foreign stock exchanges?
-
Why was it profitable for General Motors and Ford to integrate backward into component-parts manufacturing in the past, and why are both companies now trying to buy more of their parts from outside?
-
After their divorce, Brian Bermudez and Amanda Schmidt shared custody of their son. Schmidt suspected Bermudez of abusing the child, so she refused to let him visit. Bermudez filed a petition...
-
Maxwell Securities buys a $100,000 par value, September 2010 Treasury bond contract at the quoted settle price in Table 158 on page 404. a. What is the dollar value of the contract? Use the settle...
-
Daysis Specialty Food Company makes canned chili. The following cost information is available for March 2004: Required: a. What is the total production cost for Daysis Specialty Food Company? b. What...
-
6. What is the purpose of a capital projects fund? Are all general fixed assets of a governmental unit acquired through capital projects funds? Explain.
-
Background: A new ownership group has recently purchased ABC Liquors. You have been hired by the new management team to analyze their sales data for the past year and provide them with insights about...
-
(a) Real estate investment trusts (REITs) typically use a higher level of debt in their capital structure (i.e., they are comparatively more leveraged). Briefly explain why. (b) Suppose a support...
-
Which of the following is true? a. In constant-cost industries, the cost curves of the firm are not affected by changes in the output of the entire industry. b. In an increasing-cost industry, the...
-
Which of the following is false? a. A perfectly competitive firm cannot sell at any price higher than the current market price and would not knowingly charge a lower price because it could sell all...
-
How does the ideal Diesel cycle differ from the ideal Otto cycle?
-
Anna feels paralyzed by depression and anxiety. When she is able to sleep, her dreams are full of nightmares. If we learn that Anna is a refugee from the civil war in Syria: a. we can better...
-
PART 1 (35 MARKS) A pressure vessel is a specialized container designed to hold gases or liquids at significantly high pressures from the ambient pressure. These vessels play a critical role in...
-
EV9-1 Normal TIME TIME A 1x A TIME A Activity Normal Normal Maximum Crash Time Cost Crash Time Cost 100 A B C D E F B 3 C 4 B C B 1 3 4 3 4 3 150 200 200 200 150 D3 E 4 E D E 0 2 1 1 2 1 LL 3 F F 0...
-
Question 1: You overheard your investment advisor saying, "Don't put all the eggs into the same basket. Explain the meaning of this statement. Explain three (3) reasons of why your investment advisor...
-
* * Audit Procedures for Auditor's Responsibility for Risk Assessment * * In auditing, risk assessment is a critical phase where auditors identify and evaluate risks that may impact the financial...
-
Maps show certain areas of the United States, Canada, and Mexico. Shade in the states (or provinces) using a maximum of four colors so that no two states (or provinces) with a common border have the...
-
Critical reading SAT scores are distributed as N(500, 100). a. Find the SAT score at the 75th percentile. b. Find the SAT score at the 25th percentile. c. Find the interquartile range for SAT scores....
-
Assume that Intel sells $1 billion of computer chips to Dell, Inc., for use in Dell's personal computers. How does this transaction affect aggregate expenditure?
-
According to an article in the Wall Street Journal, in late 2014, the Japanese economy experienced a large increase in business inventories. The article noted, "The large buildup of inventories is a...
-
Briefly explain which of the following statement is correct. a. The iPhone is made in China, using Chinese-made parts. b. The iPhone is made in the United States, using U.S. made parts. c. The iPhone...
-
3. The nominal interest rate compounded monthly when your $7,000 becomes $11,700 in eight years is ________
-
An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and a...
-
Advanced Small Business Certifica Drag and Drop the highlighted items into the correct boxes depending on whether they increase or decrease Alex's stock basis. Note your answers- you'll need them for...
Study smarter with the SolutionInn App