Which of the Following Is NOT a Company That Would

question 84

Multiple Choice

Which of the following is NOT a company that would utilize a yield management system?

• A) Delta Airlines
• B) Disney Theatrical Productions
• C) Marriott Hotels
• D) Microsoft

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Definitions:

Economic Resources

Assets or inputs, including land, labor, capital, and entrepreneurship, that are used in the production of goods and services.

Costs

Expenses incurred in the production of goods or services, including materials, labor, and overhead expenses.

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities, aiming to generate profits.

Resource Prices

The costs associated with acquiring the inputs or raw materials needed for production.