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Price-Inelastic
Describes a situation where the demand for a good or service changes little in response to changes in price.
Business Travelers
Individuals who travel as part of their job or business, often to attend meetings, conventions, or to conduct business with other companies.
Airline Flights
The operation of an aircraft to transport passengers or goods from one location to another.
Price Discrimination
A pricing strategy where identical or substantially similar goods or services are sold at different prices to different groups.
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