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Air passenger traffic increases significantly during the holidays. How would you show this increase using the demand-supply model in the market for air travel? What
- Air passenger traffic increases significantly during the holidays. How would you show this increase using the demand-supply model in the market for air travel?
- What is the likely impact of this surge in air travel on the price of aviation fuel? Explain.
- Aviation Fuel and Gasoline (used in cars) are both derivatives of crude oil. Will the change in the price of aviation fuel impact the market for gasoline? How?
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International Trade
Authors: John McLaren
1st edition
0470408790, 978-0470408797
