A profit-maximizing oriented carrier will not set a price in the long-run that would:
A) reduce variable costs.
B) increase fixed costs.
C) increase customer satisfaction with services rendered.
D) prohibit the movement of freight or passengers.

Question

Quizplus · Accepted Answer

A profit-maximizing carrier will avoid setting prices that prohibit the movement of freight or passengers, as this would lead to a loss of revenue and market share.

A Profit-Maximizing Oriented Carrier Will Not Set a Price in the Long-Run