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Qantas, the rival of Virgin Australia, stated that if Virgin Australia receives $1.4 billion from the Government, it should get $4.2 billion, since its revenue
Qantas, the rival of Virgin Australia, stated that if Virgin Australia receives $1.4 billion from the Government, it should get $4.2 billion, since its revenue is 3 times higher, in order to level the playing field. Using economic analysis explain whether the logic of this statement is correct.
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