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Old Oct 5, 2001 | 2:57 am
  #6  
Gaza
All eyes on you!
25 Years on Site
 
Join Date: Feb 2000
Location: Edinburgh
Programs: Lowly BA Blue. One of the original easyJet Flight Club members and still am.
Posts: 4,319
What school of Economics did these people go to?

Scenario 1
Major terrorist incident coupled with economic recession causes serious drop in load factors. What do you do?

A) Hold prices steady
B) Decreases prices to encourage customers
C) Raise prices by 20% to cover losses


I'm pretty certain that if I answered (C) I would have flunked the exam! But that's what the airlines are doing. Has the world gone mad or is it just me?
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