If We Seek to Explain the Number of Seats Sold

question 70

Multiple Choice

If we seek to explain the number of seats sold on a particular air route,say Toronto to Halifax,over a one- year period,we would consider many variables.Which of the following variables would be endogenous to our theory?

• A)the number of airline seats sold on this route
• B)the price of jet fuel
• C)the average salary of Canadian airline pilots
• D)the number of fog days in Halifax
• E)the unemployment rate in Toronto

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