Question
According to an In The News article titled "Rivals Match Southwest's Flash Sale, Multiple Choice American...
According to an In The News article titled "Rivals Match Southwest's Flash Sale, Multiple Choice American Airlines, Continental Airlines, and United Airlines matched Southwest's fare cuts, but US Airways, JetBlue Airways, and Delta Air Lines did not Airlines will match their rivals' fares but are often slow to react because the frms prefer to sell at the higher price. Airlines often match their rivals' fares rather than risk losing price-sensitive passengers Rival airlines put pressure on Southwest to retreat back to higher prices
Answers
Ans) the correct option is c) Airlines often match their rivals' fares rather than risk losing price-sensitive passengers.
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