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Social Studies, 17.04.2020 17:10 lovevanna

Airlines give discounts to travelers who book in advance and stay over a weekend. Travelers who book at the last minute and do not stay over a weekend usually pay fullprice. How does the concept of elasticity explain the difference between the two groups' demand for tickets and the airlines' pricing decisions?

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Airlines give discounts to travelers who book in advance and stay over a weekend. Travelers who book...
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