Airlines charge a ____________price to business travelers compared to leisure travelers because business travelers have a ____________ demand than leisure travelers
a. Higher; more elastic
b. Higher; less elastic
c. Lower; more elastic
d. Lower; less elastic
b
Economics
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Involuntary part-time workers are workers who
A) work less than 35 hours but would like to work full time. B) work more than 35 hours but would like to work less than 35 hours. C) work have lost their jobs within the last four weeks and are seeking another job. D) work less than 35 hours by choice. E) have withdrawn from the labor market.
Economics
A positive, pure income effect can be obtained by
A) increasing the real wage. B) increasing the tax. C) increasing the dividend. D) decreasing leisure.
Economics