With the deregulation of the airlines industry, prices initially fell on short-haul routes and increased on long-haul routes.

Question

Quizplus · Accepted Answer

Deregulation of the airline industry generally led to increased competition, which resulted in lower fares for both short-haul and long-haul routes. Prices fell across the board as airlines sought to attract more customers in a more competitive market.

With the Deregulation of the Airlines Industry, Prices Initially Fell