Even Though They Operate from Out-Of-The-Way Airports and Offer Few

question 138

Multiple Choice

Even though they operate from out-of-the-way airports and offer few extra services,discount,no-frill airlines like Ryanair and EasyJet have been successful.Consumers obviously consider

• A) the extra services offered by these airlines to be the most thorough in the industry.
• B) the long-term relationships established by these airlines to be a critical benefit.
• C) the prices to be slightly lower, but not low enough to have much influence.
• D) the benefit of lower prices to be greater than the cost of reduced services and less convenience.
• E) the major airlines to be worthless.

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Definitions:

Rate Of Total Return

A measure of the overall return on an investment, including both capital gains and income, expressed as a percentage of the initial investment.

Income Yield

The return on an investment expressed as a percentage of the investment’s cost.

Total Return

A measure of the overall return on an investment, including both capital appreciation and dividends or interest, over a specific period.

Rate Of Return

The net gain or loss of an investment over a specified time period, expressed as a percentage of the investment's initial cost.