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Business Versus Leisure Passengers. In general,all else being equal, business travellers are lesssensitive to travel price changes (less elastic) thanleisure travellers. Intuitively, this result is plausible;business travellers generally have less flexibility topostpone or cancel their travel than leisure travellers.Nevertheless, the studies do show that even businesstravel will decline in the face of price increases, albeitnot to the same extent as leisure travel.
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