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In the market for air travel, four events occur one at a time. A. Airfares rise, while train fares don't change. B. The price of
In the market for air travel, four events occur one at a time. A. Airfares rise, while train fares don't change. B. The price of jet fuel falls. C. Airlines reduce the number of flights each day. D. People expect airfares to increase next summer. Which of the following statements about the market for air travel is correct
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
