SofiaMorla9
Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

If the government deregulates the airline industry then: a. less competition will be expected c. a perfectly competitive market will exist b. producers will have more control over the price charged for their product d. none of the above

Sagot :

If the government deregulates the airline industry then "b. producers will have more control over the price charged for their product." Perfectly competitive markets are almost impossible.
Queenelana

Answer:

A firm with total market power can raise prices without losing any customers to competitors.

Explanation:

Market participants that have market power are therefore sometimes referred to as "price makers" or "price setters", while those without are sometimes called "price takers".

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.