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Most airline executives and laborers opposed deregulation. Which of the following arguments was most persuasive? A. The weakest carriers would engage in predatory pricing, lowering
Most airline executives and laborers opposed deregulation. Which of the following arguments was most persuasive? A. The weakest carriers would engage in predatory pricing, lowering prices on routes until stronger carriers were forced out. B. Faced with intense price competition, airlines would cut maintenance and other essential safety expenditures C. Expansion by existing carriers and new entrants would provide less service D. Critics of the CAB also argued that it was facing a monopoly
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