Question: Source: McCartney, Scott. Last Rites for a Boeing 747. wsj.com, https://www.wsj.com/articles/last-rites-for-a-boeing-747-1528291568, posted 6/6/2018. less fuel-efficient. prowess in the 1970s and 1980s. other than Emirates has

Source: McCartney, Scott. "Last Rites for aSource: McCartney, Scott. "Last Rites for a

Source: McCartney, Scott. "Last Rites for a Boeing 747." wsj.com, https://www.wsj.com/articles/last-rites-for-a-boeing-747-1528291568, posted 6/6/2018. less fuel-efficient. prowess in the 1970s and 1980s. other than Emirates has placed an A380 order for over 2 years. state in the text: "Products are born. They live and they die." Critical Thinking Questions 1. The 747 appears where on the product life cycle curve in Chapter 2? A. Growth B. Decline C. Introduction D. Maturity 2. Why have Delta and other airlines abandoned the 747 for passenger flights? 2. Why have Delta and other airlines abandoned the 747 for passenger flights? A. It burns a lot of fuel. B. It has 4 engines. C. It doesn't fit the city-to-city business model. D. All of the above. 3. Retired airplanes A. end up working for airlines that can't afford new planes. B. are often sold for scrap. C. often end up in the Arizona desert. D. All of the above. 4. The 747 changed the airline business model in the 1970s and 1980s by A. charging a premium for flying in luxury. B. carrying a large number of passengers economically. C. replacing the popular Concorde. D. lowering fuel cost

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