Deregulation of the Airlines,in 1978,led to Expectations That the Number

question 42

Multiple Choice

Deregulation of the airlines,in 1978,led to expectations that the number of carriers would increase.What has been the actual result of deregulation regarding the number of carriers in the market?

• A) The numbers of carriers did increase initially but has remained steady of late.
• B) The numbers of carriers did initially increase and the numbers continue to grow.
• C) The numbers of carriers initially decreased but increased by 1994.
• D) The numbers of carriers initially decreased and have continued to decrease.

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines obligations, rights, and terms that are enforceable by law.

Material Errors

Significant mistakes or inaccuracies that impact the understanding, operation, or outcome of a document, financial statement, or process.

Construction

The process or art of building something, typically structures like buildings, bridges, and roads.

Fraudulently

Acting with intent to deceive or cheat, often to gain an unfair or unlawful advantage.