Sandoval Davey

02/15/2024 · High School

An airline company charges a high price for aflight that leaves on a Wednes day and returns that Friday, and it charges a low price fora flight that leaves on a Friday and returns: on Sunday. In this market, business travelers like to be home by the weekend, and leisure travelers are flexible on the dates they go, Why does the airline company charge a low price for the version that leaves on a Friday and returns on Sunday? because this is favorable for leisure travelers, who won't have to skip work because this is favorable for business travelers, who have to travel for work because leisure travelers have a higher reservation price when it comes to flights because business travelers are more price sensitive when it comes to flights