currencies. Similarly‚ any news of an improving US economy will drive oil prices higher.1 An airline can effectively control its balance sheet‚ yet may compromise profits because of increasing crude oil prices (see Figures 1 and 2). Every dollar increase in the price of jet fuel causes the US airlines industry to spend an additional $445 million per annum in fuel expenses2. To mitigate this volatility‚ in April 2012 Delta acquired an oil refinery outside Philadelphia for $150 million and will invest
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achievements during his term such as the Sin Tax Reform Law and Responsible Parent Law (or the RH Law). increase in number of TESDA graduates‚ increase in Philhealth enrolles from 62% to 81% and improved benefits‚ allocation of P6.2 billion for flood control in Metro Manila‚ completion of 9‚377 housing units for Typhoon Sendong victims‚ 63% reduction in number of private armed groups‚ 21.4 increase in foreign tourist arrivals in 2012 and 7.8% GDP (Gross Domestic Product) growth during the first quarter
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KFA was an airline for people with a taste for luxury. While its astronomical fares pushed it out of the bounds of the country’s biggest consumer section - the middle class - the airline’s in-flight service standards were set too high to maintain for a long time . Fliers were treated to expensive wine‚ quality food and best entertainment facilities even on domestic‚ short distance flights. The airline staff‚ till the time they got their salaries‚ were among the best paid in the country
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respect to the price of blue pens is ________. 3) _______ A) positive B) zero C) negative D) equal to 1 [pic] 4) In the above figure‚ if the price of good A falls from P0 to P1 and the demand for good B increases from D0 to D1‚ then goods A and B 4) _______ A) are substitute goods. B) will have a negative cross elasticity of demand. C) are inferior goods. D) are both price elastic but not perfectly price elastic.
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passengers who fly everyday in the US‚ even though its population is one-fourth that of Indonesia. Even if we assumed that only one-fourth of that large middle-class could afford and would be willing to travel by air‚ it would call for at least a 5-6-fold increase in capacity. This points to a huge opportunity for AirAsia and the aviation industry in general. However‚ this large market is recognized by all and is the reason why new players are waiting to enter the Industry to exploit this potential. It is
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Inflation: Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises‚ every dollar you own buys a smaller percentage of a good or service. The value of a dollar does not stay constant when there is inflation. The value of a dollar is observed in terms of purchasing power‚ which is the real‚ tangible goods that money can buy. When inflation goes up‚ there is a decline in the purchasing
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| |bookstall | |to waste time | | |porter | |fare | | |to carry luggage | |compartment | | |suitcase
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1. POOR SANJAY! One Monday morning Sanjay Nagpal‚ a recent recruit from a reputed management institute in Manipal walked into the sales office at Chennai as a new sales trainee. Raghavan‚ the Zonal Sales Manager for a large computer hardware firm was there to greet him. Raghavan’s job consisted of overseeing the work of sales officer‚ field executives and trainee salesmen numbering over 50 of three areas namely Chennai‚ Bangalore‚ and Trivendrum. The sales growth of computers‚ parts and other office
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by more people by year on year even though Air India is not earning more revenue. The main reason of loss is hike in fuel price. On 1999-2000 fuel and oil price was Rs.7‚061.3 million‚ and on 2010-2011 it’s increasing up to Rs. 61‚120.5 million. Between last ten years fuel price hike was very huge‚ by on 2010-2011 price hike up to 8.5 times than 1999-2000. Because of fuel hike‚ Air India is facing more expenses than revenue. The researcher going to analyze operating and total revenue
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Inflation in India and comparison with Other Countries‚ its calculation‚ reason for rise of inflation and effectiveness of measures taken 1. How inflation is measured in India‚ and compares this to the way in which inflation is measured in other countries‚ e.g. the United Kingdom. Answer: Inflation has been defined as a process of continuously rising prices‚ or equivalently‚ of a continuously falling value of money. In other words‚ inflation causes the buying power of a dollar to decrease
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