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:
Most of the revolutions of 1848 generally failed due to the conflicting philosophies of the revolutionaries and thus conservatives regained power. These revolutions represent the end of the age of Metternich.
Explanation:
C.) reduce his food expenditure like maybe not go to the most expensive restaurant to go eat.
