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    Microeconomics Study Set 40
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    Exam 13: Monopoly
  5. Question
    In Order to Maximize Profits, an Airline Will Offer ________
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In Order to Maximize Profits, an Airline Will Offer ________

Question 42

Question 42

Essay

In order to maximize profits, an airline will offer ________ prices to customers with ________
demand.
A.higher; inelastic
B.higher; elastic
C.lower; inelastic
D.the lowest; the least

Correct Answer:

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