Which Statement Is Correct Regarding the Restrictions on Entry into the Airline

question 7

Multiple Choice

Which statement is correct regarding the restrictions on entry into the airline industry?

• A) Resources were equally allocated because new airlines were kept out of the industry.
• B) Resources were misallocated because low-cost airlines were kept out of the industry.
• C) Resources were efficiently allocated because high-cost airlines were kept out of the industry.
• D) Resources were reallocated because only low-cost airlines were allowed to enter the industry.

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Definitions:

Cyclohexylacetic Acid

An organic compound featuring a cyclohexane ring attached to an acetic acid group, used in the synthesis of various pharmaceuticals and chemical products.

Synthetic Route

An outlined series of chemical reactions leading to the synthesis of a complex molecule from simpler starting materials.

Methylenecyclohexane

A cyclic hydrocarbon consisting of a cyclohexane ring with a methylene (-CH2-) group attached to it.

Fischer Projection

A method of representing the three-dimensional arrangement of atoms in molecules, particularly in carbohydrates, showing a molecule in two dimensions for ease of understanding.