As Southwest Airlines Began Operating at Various Airports Around the Country

question 151

Multiple Choice

As Southwest Airlines began operating at various airports around the country:

• A) prices at those airports decreased and the number of passengers using them increased dramatically.
• B) market power became more concentrated, leading to higher fares and fewer flights.
• C) consumer surplus and the deadweight loss increased.
• D) consumer surplus decreased and the deadweight loss increased.

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Definitions:

Nondirectional Research Hypothesis

A hypothesis that predicts a relationship between variables but does not predict the direction of the relationship.

Directional Research Hypothesis

A hypothesis that specifies the direction of the expected difference or relationship between two variables or conditions.

Directional Research Hypothesis

A hypothesis that specifies the expected direction of the relationship between variables, such as predicting an increase or decrease in one variable associated with changes in another variable.

Research Hypothesis

A specific, testable prediction about the expected outcome of a study, often concerning the relationship between variables.