If There Are Only Two Airlines That Fly Between Dallas

question 65

Multiple Choice

If there are only two airlines that fly between Dallas and New Orleans,what will happen in the market for one airline if the other one goes out of business?

• A)The demand curve will shift to the right.
• B)The demand curve will shift to the left.
• C)There will be a movement to the right along the initial demand curve.
• D)There will be a movement to the left along the initial demand curve.

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Definitions:

Autonomy

The capacity to make an informed, uncoerced decision independently.

Nonmaleficence

A fundamental ethical principle in healthcare that entails the obligation not to inflict harm intentionally.

Beneficence

A principle that emphasizes acting in the best interests of others, promoting good actions and outcomes.

Doctoral Degree

The highest level of academic degree, achieved through several years of research and study beyond a master's degree, culminating in a dissertation.