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Dime Dime
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6 years ago
Airlines begin selling tickets many months before each flight. Leisure travelers buy tickets weeks or months ahead and pay the discount fare if they meet the restrictions. At some point, if demand is high the discount seats may be sold out.
 
  After that, a. passengers pay full fare for the remaining seats.
  b. only business passengers can buy tickets.
  c. passengers negotiate with the agent at the ticket counter for discount fares.
  d. the airline removes the restrictions to allow additional discount sales.



A rickey is derived from which branch of cocktails:
 
  a. Aromatic
  b. Shake
  c. Daisy
  d. Fizz
  e. Sour



In order to outfit the voyage of the Mayflower, a lottery was conducted to raise the necessary money.
 
  Indicate whether the statement is true or false



A 60-day note for 5,000 with an interest rate of 12 percent per annum will have a maturity value of _____________. (Assume that there are 360 days in a year for the purpose of calculating the interest.)
 
  a. 5,000
 b. 5,100
 c. 5,600
 
  d. 6,300



An airline=s expected oversale costs on a particular flight are near zero for the first few tickets beyond capacity because
 
  a. Some passengers will not show up for the flight.
  b. Some passengers will volunteer to be bumped.
  c. Some passengers can be involuntarily bumped.
  d. Some passengers will be happy to share their seats with others.



If the cocktail above actually costs the bar 1.85 to make and the bar charges 9 for the drink what is the beverage cost percentage associated with the drink?
 
  a. 18
  b. 19
  c. 20
  d. 21
  e. 22



If the dollar amount spent for food in an operationis significantly higher than budgeted, but theoperation'sfood cost percentage is exactly asbudgeted,then
 
  a. revenue is below budgeted levels.
  b. revenue is above budgeted levels.
  c. food waste in the operation is significant.
  d. the prices paid for food have increasedsignificantly.



Gaming machines were so popular that in early 1990, newer, larger denomination machines such as 5, 25, 100 and even 500 entered the market.
 
  Indicate whether the statement is true or false



If a cocktail contains 2 oz of vodka,  oz of lemon juice, and  oz of sugar syrup what is the cost of the drink to the bar?
 
  a. 1.91
  b. 1.62
  c. 1.87
  d. 1.98
  e. 1.80



When all coach seats on a particular flight are filled, the marginal cost of a discount ticket is
 
  a. The price of a full-fare ticket.
  b. The price of a discount ticket.
  c. The marginal revenue of a full-fare ticket.
  d. The average revenue of a full-fare ticket.
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jesseallan001jesseallan001
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6 years ago
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