Business, 16.07.2019 02:20 camzs

Suppose an airline determines that its customers traveling for business have inelastic demand and its customers traveling for vacations have an elastic demand. if the airline's objective is to increase total revenue, it should a. decrease the price charged to vacationers and increase the price charged to business travelers. b. decrease the price to both groups of customers. c. increase the price charged to vacationers and decrease the price charged to business travelers. d. increase the price for both groups of customers.

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Suppose an airline determines that its customers traveling for business have inelastic demand and it...

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