question archive 1)Determine the ways Southwest Airlines is dealing with the moral hazard problem, and suggest best practices used in the industry to deal with it
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1)Determine the ways Southwest Airlines is dealing with the moral hazard problem, and suggest best practices used in the industry to deal with it.
2)Identify a principal-agent problem in Southwest Airlines, and evaluate the tools it uses to align incentives and improve profitability.
3)Why do monopolies arise? Explain.
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