17 Jul information….. Why is it that the airline industry can d
information….. Why is it that the airline industry can discriminate in the price it offers to it’s customers?How do they determine to charge one type of customer one price and another customer a different price?What would the leisure customer (elastic demand) do if they were charged the same amount as the business customer (inelastic demand)?What would happen to the revenues of the airline industry if they were to charge the business customers the price of the leisure customers? Explain.Integrated throughout the entire paper the SLU core value that you believe fits this topic.A minimum of 3 reference are required. One can be the required textbook for the course.
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