An airline has a marginal cost per passenger of $20 on a route from Detroit to New Orleans. At the same time, the typical fare charged is $400. The planes that fly the route are usually full, yet the airline claims it loses money on the route. This loss may occur because Choose one: A. economic profits are less than accounting profits. B. total costs are higher than the sum of fixed costs and variable costs.

Which of the following best describes a fractional reserve banking system? a. a banking system in which a large portion of the bank's assets are digital money rather than bills and coins. b. a banking system in which banks keep a portion of deposits on hand to satisfy their customer's demands for withdrawals. c. a banking system in which banks have only partial control over the interest rates they charge on loans. d. a banking system in which net worth is calculated by subtracting a fraction of liabilities from assets. 2b2t

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.

The notarial evidence form is completed by