Microeconomics: Principles & Policy
Microeconomics: Principles & Policy
14th Edition
ISBN: 9781337794992
Author: William J. Baumol, Alan S. Blinder, John L. Solow
Publisher: Cengage Learning
Question
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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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