An Empty Airline Seat Cannot Be Held as Inventory and Sold

question 15

Multiple Choice

An empty airline seat cannot be held as inventory and sold at a later time.This is an illustration of which of the following statements?

• A)Services cannot be inventoried.
• B)Services have low demand volatility.
• C)Services require skilled labor.
• D)Capacity required for services is hard to predict.

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Definitions:

Parchman Prison Farm

A Mississippi State Penitentiary, known for its harsh conditions and history of forced labor, reflecting broader themes of racial injustice in the penal system.

Cruel Working Conditions

Work environments that are harmful to employees' physical and mental health, often characterized by excessive hours, lack of safety measures, and abusive management.

Vagabond Laws

Laws historically used to arrest or control people who were homeless or wandering without employment; these laws were often applied in a racially discriminatory manner.

Panhandler

An individual who asks others for money in a public space, often relying on the charity of strangers for income.