Question

What were results of the federal government deregulating the airline industry in 1978, known as the Airline Deregulation Act?
(Select all that apply.)
A- Many small airlines went out of business.
B-Consumers gained better (lower) prices for airfare.
C- Large airlines were able to improve productivity.
D-Many small airlines were able to penetrate the market.

Answer 1

Answer:

A, B, C

Explanation:

• Consumers gained better (lower) prices for airfare.
• Large airlines were able to improve productivity.
• Many small airlines went out of business.