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Re: Roundtrip ticket half the price of a one way ticket?
economics
the market price of a 1-way is set at $313 as there are fewer people who need these to drive the price down the market price of a round trip is set at $151 as there are far more people who need these so that drives the price down if u are price elastic, then u will book a roundtrip for cheaper and save the money if u aren't, then u will just book at the 1-way ticket price and they make more money off u...segments the market into those who search for best deals and those who don't care as much about price they wanna sell each seat at the most they can...and they can sell 1-ways for $313 so they will so buy the roundtrip and just don't make the return trip home |
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