What kind of forecast would help Sky High Airlines estimate when the industry will engage in a price war?

A) Market
B) Time series
C) Event timing
D) Heuristic
E) Event outcome

Event Timing Forecast

The prediction of when certain events are likely to occur, often used in planning and strategy development.

Market

An economic system that allows buyers and sellers to exchange goods and services.

Price War

A price war is a competitive situation in which retailers or suppliers repeatedly cut prices in order to undercut competition, often to the point where the prices are unsustainable in the long term.