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Explain clearly 1 2 A private airline is operating between Salalah and Muscat and they decided to increase the fare of air tickets. Customers do

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Explain clearly

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1 2 A private airline is operating between Salalah and Muscat and they decided to increase the fare of air tickets. Customers do not have any other option to fly from Salalah to Muscat Under this condition ad what type of price elasticity of demand this airline ticket has? out of a. Perfectly elastic b. None of these given options c. Inelastic a d. Elastic

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