Question: What prevents larger competitors ( e . g . , American, Delta, United ) from imitating Southwest's approach? aLarge airlines cannot sufficiently cut costs bMarket

What prevents larger competitors

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American, Delta, United

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from imitating Southwest's approach? aLarge airlines cannot sufficiently cut costs bMarket share is positively correlated to operating profits in economic downturns cEconomies of scale do not benefit airlines dSouthwest uses point to point model rather than a hub and spoke model

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