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When Air Canada Was in the Process of Reorganizing Under

Question 67

Multiple Choice

When Air Canada was in the process of reorganizing under the CCAA in 2003-2004,it was able to win wage concessions from its powerful unions by explaining that ________,if continued,would push Air Canada into bankruptcy.


A) the high agency cost
B) the high leasing cost
C) the high avariable cost
D) the high cost structure

Correct Answer:

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