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The profit-maximising price for an airline company that flies every hour will rise if [1]its competitors lower their price. [2]the marginal cost of making a

The profit-maximising price for an airline company that flies every hour will rise if

[1]its competitors lower their price.

[2]the marginal cost of making a flight is reduced.

[3]the time for each passenger becomes valuable.

[4]each of the above is true.

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