This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Airline regulation by the CAB kept prices the same on any route and also set prices high. This led ... (Read 61 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jul 1, 2018
Airline regulation by the CAB kept prices the same on any route and also set prices high. This led airlines to offer high quality service, which raised costs to the level of prices.
 
  Indicate whether the statement is true or false

Question 2

Road pricing will improve the allocation of resources to transportation.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

poopface

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

T Airline regulation by the CAB was misguided and resulted in a nonoptimal system of air travel.

Answer to Question 2

T Travelers on roads do not pay the marginal social costs of their travel, and road pricing can correct the resulting faulty pricing.


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of
Over the past four decades, the self-reported health of married men and women has remained high, ... Over the past four decades, the self-reported health of married men and women has remained high, ...
Overview of a computer-controlled high-pressure common rail V-8 diesel engine. Overview of a computer-controlled high-pressure common rail V-8 diesel engine.
Regulation of membrane phospholipid composition in bacteria Regulation of membrane phospholipid composition in bacteria
Mechanisms of Transcription Regulation in Bacteria Mechanisms of Transcription Regulation in Bacteria
Newborns, infants, and children have a high percentage of body weight composed of water... Newborns, infants, and children have a high percentage of body weight composed of water...
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library