American Airline Tickets Are a Commodity

question 3

Multiple Choice

American Airline tickets are a commodity.If other agents can sell its tickets,then they have __________ that American Airlines does not have.

• A) status quo pricing
• B) competition
• C) a distribution
• D) supply and demand
• E) unit market share

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Definitions:

Order

The arrangement or organization of people or things in relation to each other according to a particular sequence, pattern, or method.

Unstructured

refers to data or information that does not have a predefined data model or is not organized in a predefined manner, making it difficult to process and analyze using conventional methods.

Structured

Pertains to something that is organized in a clear, well-planned, and orderly way, often with a specific pattern or arrangement.

Prescriptive

Relating to the imposition or application of rules and recommendations for behavior or action.