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If the price of fuel needed to fly aeroplanes increases and consumer incomes also increase what can be said about the market for traveling abroad on holiday? a)More people will fly aborad b)Flights will become more expensive, unclear whether more/less people will fly c)Flights will become more expensive and less people will fly d)Flights will become more expensive and more people will fly

If the price of fuel needed to fly aeroplanes increases and consumer incomes also increase what can be said about the market for traveling abroad on holiday? a)More people will fly aborad b)Flights will become more expensive, unclear whether more/less people will fly c)Flights will become more expensive and less people will fly d)Flights will become more expensive and more people will fly

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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If the price of fuel needed to fly aeroplanes increases and consumer incomes also increase what can be said about the market for traveling abroad on holiday?

a)More people will fly aborad

b)Flights will become more expensive, unclear whether more/less people will fly

c)Flights will become more expensive and less people will fly

d)Flights will become more expensive and more people will fly

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