What happens in the market for airline travel when the price oftraveling by rail
ID: 1241276 • Letter: W
Question
What happens in the market for airline travel when the price oftraveling by rail decreases?
Select correct option:
The demand curve shifts left.
The demand curve shifts right.
The supply curve shifts left.
The supply curve shifts right.
What happens in the market for airline travel when the price oftraveling by rail decreases?
Select correct option:
The demand curve shifts left.
The demand curve shifts right.
The supply curve shifts left.
The supply curve shifts right.
Explanation / Answer
rail is a substitute => The demand curve shiftsleft.
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.