Would this have been important to your assessment

Assignment Help Econometrics
Reference no: EM131142313

Explain why frequent-flier programs (in which airlines give credits, convertible into travel awards for each mile traveled) might reduce competition among airlines. Put yourself in the role of consultant to one of the airlines in the days before any airline had such programs. Would you have recommended that the airline adopt the program? What would you have assumed about the responses of other airlines? Would this have been important to your assessment?

Reference no: EM131142313

Questions Cloud

What is a digital supply chain : Utilization of technology is continuous and will advance supply chain management, What is a digital supply chain and how will it advance the field?
Why these practices might increase nintendo''s profits : discouraging stores that sell Nintendo from selling competing games-for instance, by not fulfilling their orders as quickly, especially in periods of shortages. Explain why these practices might increase Nintendo's profits.
What is the probability that number of trucks in the system : What is the probability that the number of trucks in the system will exceed 5 - When more than 5 trucks are in the system, the queue backs up onto the highway and interferes with through traffic.
How saas will help in supply chain management in the future : SaaS (software as a service) is becoming more and more popular.- What exactly is SaaS and how will it help supply chain management in the future?
Would this have been important to your assessment : Would you have recommended that the airline adopt the program? What would you have assumed about the responses of other airlines? Would this have been important to your assessment?
How do you manage and lead technology use : Explain the use of information management tools and technologies to monitor and improve health care delivery and patient outcomes. ?Identify a nursing practice that has recently changed in a specific health care setting.
Explain the effect of each piece on you as a listener : Compare and contrast these two pieces in terms of rhythm, melody, development, dynamics, and theme. Describe the effect of each piece on you as a listener. State what you think might be an appropriate use for each piece of music.
Maintaining excess production capacity : Explain why each of the following might serve to deter entry of a competitor.
What is the total time spent in the system : What is the total time spent in the system by all vehicles in a 1-hour period?

Reviews

Write a Review

Econometrics Questions & Answers

  What profit do you expect that the firm will make

A small business which produces plastic vacuum-suction covers for round household dishes has a monopoly that is protected by a utility patent. The market demand curve for this product is estimated to be: Q = 6009 - 25P where Q is the number of pla..

  Determine the sample size for the estimate of the population

determine the sample size for the estimate of the population

  What is the consumer-producer and total surplus

A firm is the only seller of the same good in two markets, market 1 and market 2. The inverse demand in market 1 is p1 = 200 ? q1, and the inverse demand in market 2 is p2 = 100 ? 2q2. The marginal cost of production is constant and equal to 40. t..

  Calculating the average days past due and average flow time

Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:

  Describe how each of the 4 factors contributed to elasticity

Choose a product you have purchased in the past month from a clothing or shoe store. Describe how each of the 4 factors contributed to the elasticity of the good. Is the product considered elastic, inelastic, or unitary elastic

  Compute the demand schedule the number of workers hire

compute the demand schedule showing the number of workers hired for all wages from zero to $100 a day. What happens to this demand curve if the price of output rises from $10 to $12 per unit?

  What is probability that sample variance would be more

A math test of 100 questions was given to a random sample of 20 freshman. Suppose that for the population of freshman the distribution of number of correct answers would be normal with a variance of 250. a) what is the probability that the sample v..

  How is delta different from other airlines

How does the topics in Chapter 7, Chapter 8 & Chapter 9 link to this case study?

  What is meant by factor-intensity reversal

What were the results of empirical tests on the prevalence of factor reversal in the real world?

  How many hours of labor should be hired to maximize profits

Production of widgets (W) uses labor (L) as its only input. The production function is given by W=F(L)=8*L^.5 and the marginal productivity MPL=4/L^.5. If widgets sell for $10, the price of labor is $8/hour, and there is a fixed cost of $25.

  Use both mechanisms rather than just using one mechanism

Use an economic argument to explain why, in your example in part a,it might be profitmaximising for the firm to use both mechanisms rather than just using one mechanism?

  What happens to the equilibrium level of income or output

Suppose that households are concerned about the future and cut back on their marginal propensity to consume from 0.80 to 0.667. Try this experiment for the Money Supply Target case and the Interest Target Case.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd