If you want to fly to Los Angeles, a place most airlines fly in and out of, the airline industry is likely , but if you want to fly to a small town in Texas, where only one airline flies, the airline industry is likely .

The correct answer is Competitive; monopolistic

Monopoly is an economic situation in which a single company controls the production and marketing, or just one of these activities, of a given product or service.

This model combines competition with product differentiation. Example: the restaurant market has characteristics typical of monopolistic competition. In every major city there are hundreds of restaurants with a wide variety of foods, prices, or services.

this is an outline for the decisions that frankie is going to make

opportunity cost

willingness to buy

price or quality

of course, there could be many economic strategies that should be considered important while making decision. opportunity cost is the foremost significant factor while considering any economic option. when you buy something, you should know how much you are forgoing for this product. indeed, you could buy something different with this measure if you changed your mind. willingness to buy shows how much surplus you are earning while making a decision. it is important because it shows you buy what you want or you buy because you have only limited amount of money. the price or quality can be considered as a general economic option that we are applying while buying something. when you buy something, price or quality could be one of the options. indeed, they define the characteristics of the product.    

mark brainliest!