Microeconomics: Principles and Policy (MindTap Course List)
Microeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN: 9781305280618
Author: William J. Baumol, Alan S. Blinder
Publisher: Cengage Learning
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Chapter 6, Problem 2TY
To determine

(a)

Shift in demand curve for airplane trips, when airlines on-time performance improves.

To determine

(b)

Shifts in demand curve for automobiles, when airplane fares double.

To determine

(c)

Shifts in demand curve for automobiles, when gasoline prices double.

To determine

(d)

Shift in demand curve for electricity, when average temperature in the US rises.

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