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A low-fare competitor enters the market and Granite State Airlines sees its discount demand drops to 44 passengers per flight, with a standard-deviation of 30.
A low-fare competitor enters the market and Granite State Airlines sees its discount demand drops to 44 passengers per flight, with a standard-deviation of 30. Full-fare demand is unchanged. The new optimal booking limit is
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Answer To determine the new optimal booking limit for Granite State Airlines given the drop in discount demand and the entry of a lowfare competitor w...Get Instant Access to Expert-Tailored Solutions
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