Effect of Rising Jet Fuel Prices
Not what you're looking for?
Rising jet fuel prices recently led most major U.S. airlines to raise fares by approximately 15 percent. Explain how this substantial increase in airfares would affect the following:
a. The demand for air travel.
b. The demand for hotels.
c. The demand for rental cars.
d. The supply of over-night mail.
Purchase this Solution
Solution Summary
The effects of rising jet fuel on air travel, hotels and overnight mail prices are examined clearly and concisely in 120 words.
Solution Preview
a. The demand for air travel.
b. The demand for hotels.
c. The demand for rental cars.
The quantity demanded for air travel, hotels and rental cars will all decrease due to ...
Purchase this Solution
Free BrainMass Quizzes
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.