Question

If the demand for air travel were to change so that business travelers and vacationers have the same price elasticity of demand for air travel, A airlines would charge the same price to each type of yer B airlines would still charge business yers a higher fare since the traveler's employer pays anyway C airlines would be driven out of business D airlines would counter by charging vacationers a higher fare

Answer 1

Option "B" is correct

Step-by-step explanation:

The increase in the airline of business years with bring about uniformity of price elasticity between them and vacationers.