Which of the Following Strengthens the Possibility That the Airline

question 66

Multiple Choice

Which of the following strengthens the possibility that the airline market is a contestable market?

• A)Since other airlines can enter the market at no cost and charge lower fares,the fare charged by a single airline is always equal to the marginal cost.
• B)The barriers to entry in the airline market lead to nonprice competition between the airlines operating in the market.
• C)The fares that are charged for routes with more than one airline are significantly higher than the fares charged for a route with only one airline.
• D)Airlines regularly charge fares that are above the competitive levels irrespective of the number of airlines plying a particular route.

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Definitions:

Need to Belong

The inherent human drive to seek connections and interactions with others, considered a fundamental motivational force.

Secondary Emotion

Emotions that are more complex and are usually a response to a primary emotion; for example, feeling shame as a result of feeling fear.

Shame

Shame is a powerful, complex emotion that stems from a sense of failure or inadequacy and can significantly impact an individual's self-esteem and social interactions.

Sadness

An emotional state characterized by feelings of disappointment, grief, or hopelessness, often triggered by upsetting experiences.