Q1. Assume the frequent flyer program has raised the cost of high-yield spill two fold since trade clients who are denied boarding now take their trade to other carriers for numerous future trips not just the present one. Reanalyze the overbooking decision under these situations. Will overbooking of trade class service rises or reduce?

Q2. Muji's income expenditure multiplier equals. Write down this number on a piece of paper since you will require the information for a subsequent question.