4. if Demands is inelastic which of the following ust happened when price increases?
September 3, 2020
In at least 75 words, describe the main points or ideas you learned this week. How did your interactions with classmates and/or your instructor build…
September 3, 2020

Alpha Airlines, the only carrier currently offering flights to and from town A heard that Beta Airlines was thinking of entering the market. In an effort to deter Beta, Alpha threatens that it will respond to Betas entry with a price war. Suppose Beta believes the threat. In what way can Beta minimize the losses of such a price war other than by choosing not to enter the route to and from town A? (give me two ways she can do this)

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