The most accurate procedure for finding out whether it is more efficient for a commercial airline to use 727s or 757s for its domestic flights is to
A) compare the fuel efficiency of 727s and 757s.
B) compare the fuel efficiency and operating cost of 727s and 757s.
C) compare the acquisition cost, operating cost, and fuel efficiency of 727s and 757s.
D) compare the acquisition cost, operating cost, and fuel efficiency per passenger seat of 727s and 757s.
E) see whether the airline has chosen to use 727s or 757s.
E
You might also like to view...
When entry barriers into a market are low, firms will tend to earn zero economic profit in the long run because
a. low entry barriers lead to rising costs. b. profit-seeking entrepreneurs will not enter a market when entry barriers are low. c. short-run profit attracts additional suppliers and drives down the market price. d. consumers will refuse to pay more than the cost of producing a good once they find out the producer's per-unit costs.
A binding price floor causes a shortage in the market
a. True b. False Indicate whether the statement is true or false
If a bank receives a $20 million discount loan from the Federal Reserve, then the bank's reserves will
A) not change. B) increase by $20 million. C) increase by less than $20 million. D) increase by more than $20 million.
If cream cheese and bagels are complements, then an increase in the price of cream cheese will __________ the demand for bagels.
a) increase b) not change c) increase or decrease d) decrease