Consider the market for air travel. Which of the following will occur if airport fees rise and cause the price of plane tickets to increase ? Selected Answer: Answers: D. A decrease in the Demand for air travel. A. An increase in the Quantity Demanded of air travel. B. A decrease in the Quantity Demanded of air travel. C. An increase in the Demand for air travel. D. A decrease in the Demand for air travel.

Consider the market for air travel. Which of the following will occur if airport fees rise and cause the price of plane tickets to increase ? Selected Answer: Answers: D. A decrease in the Demand for air travel. A. An increase in the Quantity Demanded of air travel. B. A decrease in the Quantity Demanded of air travel. C. An increase in the Demand for air travel. D. A decrease in the Demand for air travel.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter4: Demand, Supply, And Markets

Section: Chapter Questions

Problem 4.8P

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