Prices of commercial airline tickets (assume that this is a normal good) have fallen in recent months. Over this same period, the price of jet fuel has risen and consumer incomes have fallen. Which of the following best explains the falling prices of airline tickets?

Group of answer choices

The demand curve for airline tickets has shifted to the left and the supply curve has shifted to the right.

The supply curve for airline tickets has shifted to the left while the demand curve for airline tickets has shifted to the right.

The supply curve for airline tickets has shifted to the left less than the demand curve has shifted to the left.

The demand curve and the supply curve for airline tickets have both shifted to the right.