For many airlines in the short run, a major portion of the cost of production, such as

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For many airlines in the short run, a major portion of the cost of production, such as aircraft and terminal space, is fixed. Should these very large FCs be ignored when the revenue managers are making output and pricing decisions? Why?

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Air Transport Economics

ISBN: 9781032482538

4th Edition

Authors: Bijan Vasigh, Brian Pearce

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