Southwest Airlines Is an Example of a ________ Disruptive Business

question 66

Multiple Choice

Southwest Airlines is an example of a ________ disruptive business model.

• A) low-end
• B) new-market
• C) high-quality
• D) new-product
• E) new-channel

---

Definitions:

Unit Costs

The amount of money a company spends on producing, holding, and marketing one unit of a certain product or service.

Equilibrium Price

The market price at which the quantity of a good supplied equals the quantity demanded, leading to a stable market condition where there is no tendency for the price to change.

Game Theory

A branch of economics and mathematics that studies strategic interactions among rational decision-makers.

Strategic Situations

Scenarios in which individuals or organizations must make decisions that consider the actions and reactions of other participants.