If the price of fuel needed to fly aeroplanes increases and consumers income also increase, what can be said about the market for traveling abroad on holiday? a) More people will fly abroad 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 consumers income also increase, what can be said about the market for traveling abroad on holiday? a) More people will fly abroad 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

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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