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QUESTION

Airline companies raise and lower their ticket prices based on the supply and demand. Due to high numbers of fliers, one company decided to raise their ticket price for a first-class ticket to $192.50

Airline companies raise and lower their ticket prices based on the supply and demand. Due to high numbers of fliers, one company decided to raise their ticket price for a first-class ticket to $192.50, which represents a 10% price increase

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