AIRLINE SERVICES IN INDIA: ANALYZING THE INDEPENDENT AND DEPENDENT VARIABLES TO DEVELOP MODEL FOR DEMAND ANALYSIS WITH RESPECT TO DOMESTIC AIRLINE PRICES
Tripti Panchal
Gargi College, University of Delhi
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There is monopolistic competition in the market i.e. -many firms and differentiated services -control over prices depends upon the degree of service differentiation -goal of profit maximization -perfect knowledge of demand and cost -selling efforts are undertaken combination of services is greater, less or equal to the utility derived from another service or combination of services. The consumer can rank all the services he consumes in the order of his preferences.
Keywords: Assumptions ;Demand Analysis ;particular