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 51 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
:D TYSM

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Route of Lewis and Clark Route of Lewis and Clark
Rank-order correlations show that differential consistency remains high from childhood through late ... Rank-order correlations show that differential consistency remains high from childhood through late ...
A downward-sloping spark line usually indicates high secondary ignition system resistance or an ... A downward-sloping spark line usually indicates high secondary ignition system resistance or an ...
Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ... Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ...
Secretion and Regulation of HCl in the Stomach Secretion and Regulation of HCl in the Stomach
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library