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johnsmith12 johnsmith12
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5 years ago
A leading airline firm increases the airfare for its business and first class passengers on high-density routes. This aids in reducing the prices for economy class passengers on low-density routes. This is an example of ________.
a) cross-subsidization
b) moral hazard
c) redistribution of wealth
d) deadweight loss
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Business and Its Environment

Business and Its Environment


Edition: 7th
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lstar1993lstar1993
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5 years ago
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johnsmith12 Author
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5 years ago
This helped my grade so much Perfect
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You make an excellent tutor!
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this is exactly what I needed
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