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Essay / Research Paper Abstract
This 5 page paper examined the domestic airline industry. The paper begins with a consideration of the industry structure, followed by the influences in demand, the role of the government and the impact following the terrorist attack in New York on September the 11th 2001. The bibliography cites 4 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEairaus.rtf
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Unformatted sample text from the term paper:
Domestic Airline Industry in Australia United Kingdom, October 2002. To Use This Report Correctly, Question 1
The airline industry in Australia in terms of domestic services may be seen as more active and dynamic that other nations were towns
and cited are not as far apart. If we look at the structure there are many different ways the industry could be structured as structure may be seen as a
result of the industry history or the environment that it operates in. In order to understand one we must understand the comparators, the four general models are those of
pure competition, monopolistic competition, oligopoly and monopoly. In considering these models the basic macro economic principle of the desire to maximise profits can be seen as a driving goals and
that this is normally obtained by reaching a situation where margin revenue and marginal costs are equal (Thompson, 1998). The basis for these models is also one that it
is assumed that in many cases the supplier is able to adjust the amount they supply, obviously there are restrictions and limits on this theory within the aviation industry, but
the theoretical framework can still be seen to apply. If we look at the models of pure competition and monopolistic competition these require
that there are large number of competitors, which is not the case in Australia, a monopoly structure can be seen as only a single operators, with no competition, and this
I also not the structure. This leaves an oligopoly. If we consider the oligopoly model then there is a different structure where
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