Frequent Flyers Frequent flyer programs are targeted more toward business

Frequent flyers frequent flyer programs are targeted

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1. Frequent FlyersFrequent flyer programs are targeted more toward business travelers (who do not pay for their own tickets) than leisure travelers (who do). Explain their effect on each type of traveler. Why is there a difference?6
2. Valentine's DayOn Valentine's Day, the price of roses increases by more than the price of greeting cards. Why? (Hint: Consider what makes roses and cards different and how that difference might affect supply's responsiveness to price.)3. Snacks, Beer, and MarijuanaSnack food venders and beer distributers earn some monopoly profits in their local markets but see them slowly erode from various new substitutes. When California voted on legalizing marijuana, which side would you think that California beer distributors were on? What about snack food vendors?

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