Important assumptions and limitations should be considered

Reference no: EM131196671

On January 1, 2009, a news report on msn.com included the following sentence:

"A report put out by brokerage house CLSA about Jet Airways said that the fall in ATF [fuel] prices has brought down the load factors (flight occupancy) required for the airline to break even from 78 percent to 63 percent."

What important assumptions and limitations should be considered when using this piece of information? (The load factor is the percentage of available seats on a flight that are occupied.)

Reference no: EM131196671

Questions Cloud

What is a sovereign nation : Research: What is a sovereign nation, how many sovereign nations are recognized as members by the United Nations and how many sovereign nations are recognized by the US State Department. Compare the lists. Specify your sources. DO NOT USE WIKIPEDI..

What is the probability before seeing the manager : A fourth applicant arrives at 8:45 AM. What is the probability that he has to wait before seeing the manager?

Describe the natural rate of unemployment : Describe the “natural rate of unemployment” and the estimates for the U.S. What are some of the possible ways in which we could reduce the natural rate of unemployment?

What does this tell you about income and welfare : Assume that melons cost $2 each and lemons cost $0.50 apiece. In what sense did the rise in ability to consume make you better off? What does this tell you about income and welfare

Important assumptions and limitations should be considered : On January 1, 2009, a news report on msn.com included the following sentence:- What important assumptions and limitations should be considered when using this piece of information?

What is its percentage rate of return : A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 6 percent. This firm is earning $5.50 on every $50 invested by its founders. What is its percentage rate of return? What will be the rat..

Are there opportunities for your improvement : Describe the relationship between the Essentials and your new-found knowledge about Patient Centered Care. Are there opportunities for your improvement?

Discuss upcoming projects in social media : Employee at T-Mobile is not allowed to discuss upcoming projects in social media and blogs, as this information can be used by competitors. This limits employee 1st amendment rights.

Competitive firm is currently producing a level of output : If a competitive firm is currently producing a level of output at which marginal cost exceeds marginal revenue, graph the situation and explain why if MC>MR, it does not necessarily mean the firm will have a loss (just that they could have more profi..

User Account

All Pages