Alfred Kahn's Plan for Airline Deregulation Emphasized

question 23

Multiple Choice

Alfred Kahn's plan for airline deregulation emphasized

• A) marginal cost pricing of tickets.
• B) average cost pricing of tickets.
• C) federal subsidies for certain airlines.
• D) increased federal taxes on airline profits.

---

Definitions:

Bonds

Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental.

Precipitation

Any form of water, liquid or solid, that falls from the atmosphere and reaches the ground.

Groundwater

The subsurface water that occupies the pore spaces in soils and rocks, serving as a major source of fresh water for many areas.

Seas Saltier

A condition resulting from the evaporation of ocean water, which increases the concentration of salts, making the seas saltier.