Business people usualy travel on expense accounts yhat are tax deductible and they...

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...earn a"return"by travelling because they usually do so to promotr their businesses in one way or another.These facts,amongst others,seem to suggest that the demand for business class seats should be more price inelastic then the demand for economy class tickets,which suggests that business class fares are located higher up the demand curve where demand is actually more price elastic rather then inelastic.Explain this apparent conundrum by discussing the nature of the market(s) for air travel.
 
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