Airlines Often Engage in Last-Minute Price Cutting to Fill Remaining

question 252

Multiple Choice

Airlines often engage in last-minute price cutting to fill remaining empty seats on a flight because this practice will generally

• A)prevent rival airlines from competing in that market.
• B)increase marginal revenue more than marginal cost.
• C)maximize marginal revenue.
• D)discourage rivals from matching price cuts.

---

Definitions:

Listening Effectively

The skill of paying close attention to and comprehending the messages being communicated by others.

Subject Matter

Subject matter pertains to the topic or content that is being discussed, studied, or represented.

Ineffectively

Without producing the desired outcome or failing to achieve the intended effect.

Typical Conversation

A standard or common exchange of words between two or more people in a casual or formal setting.