Following deregulation in the airline industry,
A)small carriers have gone out of business but large carriers have not.
B)large carriers have gone out of business but small carriers have not.
C)both large carriers and small carriers have gone out of business.
D)neither large carriers nor small carriers have gone out of business.

Question

Quizplus · Accepted Answer

Deregulation in the airline industry has led to increased competition, which has resulted in both large and small carriers going out of business. Some have been unable to compete effectively in the new market conditions, leading to bankruptcies and consolidations across the industry.

Following Deregulation in the Airline Industry