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Pricelinecom Is a Firm That Serves as a Clearinghouse for Extra

question 3

Multiple Choice

Priceline.com is a firm that serves as a clearinghouse for extra capacity from airlines,hotels,and cruise lines.It is a prominent example of a firm that uses _____ strategy.


Definitions:

Rate of Flow

The velocity at which a fluid (liquid or gas) moves through a channel, pipe, or porous medium.

Channel

A natural or artificial waterway through which water flows.

Hydrograph

A graph showing the rate of flow (discharge) versus time past a specific point in a river, or other channel or conduit carrying flow.

Summer Thunderstorm

A weather phenomenon characterized by heavy rainfall, lightning, thunder, and occasionally hail, frequently occurring in the summer.

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