Hello, I need for this week all the answer for quiz 5 all answers are in textbook chapter 9 & 10 also please help me out with the price quote thank you soo much in advance

Running Head: ECONOMICS        1
ECONOMICS        9
ECONOMICS
QUIZ 5— ECON 550
Table of Contents
Chapter 9    4
1.    4
2.    4
3.    4
4.    4
5.    4
6.    5
7.    5
8.    5
9.    5
10.    5
11.    6
12.    6
13.    6
14.    6
15.    6
16.    6
Chapter 10    7
17.    7
18.    7
19.     7
20.    7
21.    7
22.    7
23.    7
24.    8
25.    8
26.    8
Reference    9
Chapter 9
1.
As the airline market is oligopolistic, hence there are small numbers of players working. Hence, in seasonal period if one airline changes their price or offer any ting then the rival companies follows the same strategy.
2.
As there are limited players, the only way to differentiate is to operate differently based on the rival’s flight timings. However, the pricing have to be different with introduction of low cost airline and some added features (Farnham, 2014).
3.
According to case study, the prices were increased because of slow economy and rise in oil price. If one airline has increased their price and other resisted then the one who had not increased the fare may receive a number of passengers initially, however they would not be able to make that revenue, which will match with the slow economy and increased oil price (Farnham, 2014).
4.
The price increased by the airlines is due to the slowdown of the economy and increase in the oil price up to $130 per barrel, which prompted to cut cost and increase the price.
5.
According to case study, they are expanding to other geographical market based on the demand of the outlets and they have the strategy to provide efficient service and following aggressive tactics by opening identical drive-through outlets on opposite sides of the same street to attract customers travelling in either direction.
6.
As per the case study, Tim Hortons focused on product diversity by selling soups, sandwiches and doughnuts, while Krispy Kreme only continued with their signature...