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According to an in the News Article Titled "Major Airlines

Question 89

Multiple Choice

According to an In The News article titled "Major Airlines Match Southwest's Fare Cuts,"


A) Airlines often match their rivals' fares rather than risk losing price-sensitive passengers.
B) Airlines will match their rivals' fares but are often slow to react because the firms prefer to sell at the higher price.
C) Rival airlines put pressure on Southwest to retreat back to higher prices.

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