The U.S.airline industry,prior to deregulation,was characterized by _____.
A)excessive profits
B)a high level of efficiency
C)excess demand
D)nonprice competition

Question

Quizplus · Accepted Answer

The U.S. airline industry prior to deregulation was characterized by non-price competition, where airlines competed on factors such as luxury amenities and services, rather than price. This led to inefficiencies in the industry and limited competition.

The U.S.airline Industry,prior to Deregulation,was Characterized by _____