Answer:
The airlines base the policy on the assumption that the consumer demand is less elastic as time of departure approaches.
Explanation:
Price Elasticity of Demand refers to price sensitivity; i.e. the rate at price changes with demand.
As the purchase and flight departure gets smaller, the arrival rate of the passengers will definitely change.
When the demand of a commodity is less elastic, then it will cause a large changes in price of that commodity to effect a change in quantity consumed.
Answer:
b. University of the People students are responsible for finding their own exam proctor.
This is the answer
Explanation:
Hope i am marked as the brainliest answer
In this question, there are no options provided to choose from. So i have to answer this question based on my knowledge. I hope the answer is up to your satisfaction. The only school of economics that could be construed as advocating big governments are the Keynesians. This theory was developed during the 1930s by John Maynard Keynes.
