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Use these determinants to judge whether the demand for the following services is elastic or inelastic? a. Short-haul, primarily business-market flights b. Long-haul, primarily vacation
Use these determinants to judge whether the demand for the following services is elastic or inelastic? a. Short-haul, primarily business-market flights b. Long-haul, primarily vacation flights c. Short-haul flights with extreme competition from surface modes of transportation d. Mid-week promotional fare directed at the pleasure market
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