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    Exam 1: The Foundations of Business
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    Because They Operate in A(n)_____ Industry,a Fare Decrease at American
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Because They Operate in A(n)_____ Industry,a Fare Decrease at American

Question 94

Question 94

Multiple Choice

Because they operate in a(n) _____ industry,a fare decrease at American Airlines will likely result in decreases at other carriers.


A) socialistic
B) monopolistic
C) oligopolistic
D) noncompetitive

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