Suppose the government mandates that airline ticket prices are too high and that they cannot exceed a

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Suppose the government mandates that airline ticket prices are too high and that they cannot exceed a certain amount. Using the concepts discussed in this chapter, what would be the short-term results of this policy?

If the policy of the above question were to be continued over a very long time, what would be the results of the policy?

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Air Transport Economics

ISBN: 9781032482538

4th Edition

Authors: Bijan Vasigh, Brian Pearce

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Question Posted: Feb 02, 2024 02:05 AM

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Suppose the government mandates that airline ticket prices are too high and that they cannot exceed a

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Air Transport Economics

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