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Explain rationale behind equal prices for unequal distances

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Reference no: EM13175628 , Length: 1089 words

An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.

Reference no: EM13175628

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