As part of the marketing team at Delta airlines, you must develop a strategy to increase demand
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As part of the marketing team at Delta airlines, you must develop a strategy to increase demand for flights between Kansas City and Detroit. You examine the data from previous flights and determine that the existing demand for flights between the two cities is as given in the following table.
a. However, your team launches a viral advertising campaign that is so successful that all existing consumers increase their willingness to pay by $100, and 50 new customers demand flights at every price. Fill in the following table to show the new quantity demanded at each price following the advertising campaign.
b. Use a graph to illustrate both the initial demand curve and the new demand curve from part (a).
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