Which of the Following Airlines Does NOT Employ a Low-Cost

question 24

Multiple Choice

Which of the following airlines does NOT employ a low-cost provider strategy?

• A) Airline 1 offers low prices on short-distance flights and cuts down on meals during flights.
• B) Airline 2 offers low prices on long-distance flights and has long service times for its planes between flights.
• C) Airline 3 offers low prices on short-distance flights and improves flight carrier capacity through addition of seats by reducing distance between existing seats.
• D) Airline 4 offers low prices on short-distance flights and pays minimum wage rates to the flight crew.
• E) Airline 5 offers low prices on long-distance flights and charges fees for carry-on as well as checked luggage.

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Definitions:

Opportunity Cost

The financial loss associated with rejecting the subsequent optimal choice in any decision-making scenario.

Specialized Tools

Equipment or instruments designed for specific tasks or professions, enhancing efficiency and precision.

Landscaping Firm

A company that specializes in designing, implementing, and maintaining outdoor spaces, gardens, and other landscape features.

Public Good

A product that is accessible to everyone without restriction and whose consumption by one person does not diminish its availability to others, characterized by its non-excludable and non-rival nature.