Empirical research (described in the textbook)has shown that immediately upon deregulation of the airline industry,

Question

Quizplus · Accepted Answer

Empirical research has shown that airline fares decreased immediately upon deregulation of the airline industry, as carriers had to compete for customers. There is no evidence to suggest that airline safety decreased or that airlines spent less time and money on aircraft maintenance immediately after deregulation. There is also no information provided regarding whether airline fares remained constant.

Empirical Research (Described in the Textbook)has Shown That Immediately Upon