Question: please help ( less than 200 words) a) Discuss the cost-flexibility tradeoff in the context of an airline sector? b) Discuss and also how the
please help ( less than 200 words)
a) Discuss the cost-flexibility tradeoff in the context of an airline sector?
b) Discuss and also how the tradeoff can be overcome by airline companies so that low cost and high flexibility can be achieved as shown by the off-the-diagonal position in figure 6.6.

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