On my recent trip to Hawaii, I cruised around the islands on a Norwegian Cruise Lines ship. Despitethe name, this ship was US-owned, US-crewed, and US-flagged because:of US cabotage regulationsnone of theseO labor costs are cheaper with a US crewO the US flag is good public relations (patriotic)Question 16The purchase of a railroad locomotive falls into which one of the following cost categories?capitalterminalsunkoperatingline-haulQuestion 17The expense of building a railroad tunnel falls into all the following cost categories except whichone:sunkinfrastructureoperatingO indivisibleO capital

15. (a)of US cabotage relations

Answered: On my recent trip to Hawaii, I cruised…

On my recent trip to Hawaii, I cruised around the islands on a Norwegian Cruise Lines ship. Despite the name, this ship was US-owned, US-crewed, and US-flagged because:

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

On my recent trip to Hawaii, I cruised around the islands on a Norwegian Cruise Lines ship. Despite
the name, this ship was US-owned, US-crewed, and US-flagged because:
of US cabotage regulations
none of these
O labor costs are cheaper with a US crew
O the US flag is good public relations (patriotic)
Question 16
The purchase of a railroad locomotive falls into which one of the following cost categories?
capital
terminal
sunk
operating
line-haul
Question 17
The expense of building a railroad tunnel falls into all the following cost categories except which
one:
sunk
infrastructure
operating
O indivisible
O capital

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