53. Airlines charge business travelers more than leisure travelers because there is a more: A. Elastic supply

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53. Airlines charge business travelers more than leisure travelers because there is a more:
A. Elastic supply of business travel
B. Inelastic supply of business travel
C. Elastic demand for business travel
D. Inelastic demand for business travel

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Managerial Economics Foundations of Business Analysis and Strategy

ISBN: 978-0078021718

11th edition

Authors: Christopher Thomas, S. Charles Maurice

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Posted Date: Dec 12, 2022 02:40 PM

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53. Airlines charge business travelers more than leisure travelers because there is a more: A. Elastic supply

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Correct answer is option D This is because the the demand of ... View the full answer

Managerial Economics Foundations of Business Analysis and Strategy

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