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:

Agoraphobia

An anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or help wouldn't be available if things go wrong.

Vicious-Circle Behavior

A self-perpetuating process in which a behavior leads to consequences that increase the likelihood of the behavior recurring, often seen in negative or harmful patterns.

Admiration

A feeling of respect and approval for someone or something, often because of their achievements or quality.

CS-UCS Interval

The time gap between the presentation of the conditioned stimulus (CS) and the unconditioned stimulus (UCS) in classical conditioning, crucial for the association strength.