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Airline ticket prices

Question Description

Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves

Final Answer

Thank you for the opportunity to help you with your question!

this has been brought about by the high inflation rates which tend to affect the transport sector in the countries. the customer does bears the burden by being charged high prices to some extend especially if there is a short distance to be traveled. when the demand of the traveling is high the cost of ticket also rises .

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David M. (442)
Purdue University

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