Cold Duck Airlines Flies Between Tacoma and Portland

question 196

Multiple Choice

Cold Duck Airlines flies between Tacoma and Portland. The company leases planes on a year-long contract at a cost that averages $600 per flight. Other costs (fuel, flight attendants, etc.) amount to $550 per flight. Currently, Cold Duck's revenues are $1,000 per flight. All prices and costs are expected to continue at their present levels. If it wants to maximize profit, Cold Duck Airlines should

• A)drop the flight immediately.
• B)continue the flight.
• C)continue flying until the lease expires and then drop the run.
• D)drop the flight now but renew the lease if conditions improve.

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Definitions:

Public Rituals

Ceremonial acts or events conducted in the public eye that are often symbolic, celebrating or commemorating social or cultural values and traditions.

Durkheim

A foundational French sociologist best known for his theories on social structures, collective conscience, and the study of suicide.

Society Bond

The connection or relationship individuals have with their community or society, often influencing their social behaviors and attitudes.

Punishment

The imposition of a penalty as retribution for an offense, with the intention of correcting behavior or deterring future offenses.