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Allegiant Air Holds a Natural Monopoly on Most of the Routes

Question 381

Multiple Choice

Allegiant Air holds a natural monopoly on most of the routes it serves in the United States.Allegiant Air ________ operate on the ________ portion of its demand curve when total revenue is ________.


A) will always; elastic; increasing
B) will usually; elastic; decreasing
C) will never; elastic; increasing
D) will always; inelastic; increasing
E) will never; inelastic; increasing

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