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Empty Seats in Airlines and Empty Rooms in Hotels Might

question 119

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Empty seats in airlines and empty rooms in hotels might be sold for a fraction of the original price.This is due to which service characteristic?


Definitions:

Straight Line

A method of calculating depreciation or amortization by spreading the cost evenly over the useful life of an asset.

MACRS

Modified Accelerated Cost Recovery System; a method of depreciation for tax purposes in the United States.

Depreciated

A decrease in the value of an asset over time due to wear and tear, obsolescence, or market conditions, often used for tax purposes.

Cash Inflow

The total amount of money being transferred into a business, from operations, financing or investing activities, over a specific period of time.

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