Road pricing will improve the allocation of resources to transportation. Indicate whether the statement is true or false ANSWER T Travelers on roads do not pay the marginal social costs of their travel, and road pricing can correct the resulting faulty pricing.
Date: September 9th, 2020
Crude oil price controls improved efficiency in the oil industry. Indicate whether the statement is true or false ANSWER F Crude oil price controls discouraged exploration and worsened industry efficiency.
Date: September 9th, 2020
Airline regulation by the CAB kept prices the same on any route and also set prices high. This led airlines to offer high quality service, which raised costs to the level of prices. Indicate whether the statement is true or false ANSWER T Airline regulation by the CAB was misguided and resulted in a […]
Date: September 9th, 2020
_____________ is the distance between speakers. a. Artifacts b. Cybernetics c. Proxemics d. Calibrations ANSWER C
Date: September 9th, 2020
The __________ is used in the book to illustrate avoiding potentially bad news or communication. a. Bear b. Ostrich c. Chicken d. Alligator ANSWER B
Date: September 9th, 2020
The ______ is the method by which communication travels from source to sender to receiver. a. Channel b. Interference c. Destination d. N Ach factor ANSWER A
Date: September 9th, 2020
Reorganization of the airline industry came in two waves, one led by large long-established airlines and the other led by new entrants to the industry. Indicate whether the statement is true or false ANSWER T The first wave brought hub-and-spoke networks to major airlines as a lower cost way for them to operate, and […]
Date: September 9th, 2020
___________ occurs in the sender’s and receiver’s minds. a. External noise b. Internal noise c. Distortion d. Blurring ANSWER B
Date: September 9th, 2020
Airlines have avoided price discrimination among their customers. Indicate whether the statement is true or false ANSWER F Many airlines have discriminated, often against business travelers by requiring stays on round trips over Saturday night.
Date: September 9th, 2020
________ is the process of putting ideas or thoughts into symbolic form. a. Sourcing b. Encoding c. Decoding d. Sending ANSWER B
Date: September 9th, 2020
