Which of the Following Statements Is Correct Regarding the Restrictions

question 33

Multiple Choice

Which of the following statements is correct regarding the restrictions on entry into the airline industry?

• A) Resources were equally allocated because new airlines were kept out of the industry.
• B) Resources were misallocated because low-cost airlines were kept out of the industry.
• C) Resources were efficiently allocated because high-cost airlines were kept out of the industry.
• D) Resources were reallocated because only low-cost airlines were allowed to enter the industry.

---

Definitions:

Organizational Politics

The activities within an organization aimed at improving personal or departmental gain, often at the expense of others or the company.

Playing Favorites

The unfair practice of giving preferential treatment to some people over others in similar positions or situations.

Ethical Conflict

A situation where an individual faces a clash between two or more ethical principles or values, making it challenging to decide on the morally right course of action.

Emotional Intelligence

The ability to recognize, understand, manage, and reason with one's own emotions and the emotions of others.