Question: Explain clearly D Question 5 4 pts When mergers lead to a handful of firms dominating the market, as observed in the airlines industry in

Explain clearly

Explain clearly D Question 5 4 pts When mergers lead to a

D Question 5 4 pts When mergers lead to a handful of firms dominating the market, as observed in the airlines industry in the US, these major firms gain market power and the ability to O increased; set prices without losing all customers. O increased; produce better quality products to keep out competitors O decreased; produce better quality products to keep out competitors O decreased; set prices without losing all customers

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