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21 August, 15:43

Madeline normally flies to San Francisco to visit family over the holidays, but airline ticket prices have increased by $400. Madeline no longer can afford this ticket, so she decides to stay home for the holidays. Who benefits from this price increase?

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  1. 21 August, 16:18
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    The answer is airlines selling the tickets

    Explanation:

    The airlines will benefit from this price increase ceteris paribus, they will have an increase in revenue.
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