[Appendix; Advanced Material] If an airline company decides to buy smaller jets with fewer seats, then the problem of:
a. spillage and spoilage both increase.
b. spillage decreases, but spoilage increases.
c. spillage and spoilage both decrease.
d. spoilage decreases, but spillage increases.
d
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The above figure shows the apartment rental market in Bigtown. If severe flooding resulted in the destruction of many of the city's apartment buildings, then the
A) supply curve of apartments would shift leftward and rent would rise above $750.00. B) demand curve for apartments would shift rightward and rent would rise above $750.00. C) equilibrium quantity of apartments rented would increase beyond 3,000. D) equilibrium market price of apartments rented would fall below $750.00.
Pam
A) was a prediction market used to predict terrorist attacks. B) is another cost of capital model like CAPM C) stands for Pricing Assets Management D) none of these choices