Five years ago,Palomino Airline was able to get a strong foothold in the airline industry by hiring a few pilots and crew and renting two airplanes,which flew routes between Denver,Omaha,Pierre,Cheyenne,and Helena.Which of the following summarizes the above factors that enabled Palomino to get started?
A) low entry barriers
B) low competition
C) low fares
D) low flight cancellations

Question

Quizplus · Accepted Answer

Palomino was able to get started in the airline industry because of low entry barriers, including hiring a few pilots and crew and renting two airplanes.

Five Years Ago,Palomino Airline Was Able to Get a Strong