Which of the following would lead to an decrease in the demand for flight travel, ceteris paribus? "NEW YORK -- The NBA's salary cap for the 2022-23 season is projected to come in at roughly $123.6 million, sources told ESPN, an $11.6 million increase from last season's $112 million figure." 1 If the salary cap is set below the current equilibrium market wage... O A. "The European Travel Commission (ETC) has predicted that the willingness to travel will dominate this summer". 3 B. "Airlines Reporting Corporation's (ARC) data for June shows that average ticket prices have risen A. it will have no effect on the number of NBA players employed. 33% in the US market compared to just one year ago". O B. there will be an excess demand for each NBA team at the salary cap. O C. "26% of respondents in the study said their household income decreased in the last three O C. the unemployment rate will fall. months" O D. individual teams in the NBA will be able to employ all the players they are willing and able to O D. "Spanish Airport Workers Go on Strike". recruit. "The government will gazette the maximum retail price for palm cooking oil in bottles to ensure that the Each point along the market demand curve shows... product will have its maximum retail price from time to time. 4 Jihad Against Inflation Task Force chairperson Annuar Musa said the move was deemed necessary after discussions held with the industry to lower the price of cooking oil were ineffective despite the decline A. the quantity of the good that firms would be willing and able to supply at a specific price. in crude palm oil prices..." O B. the opportunity cost of supplying a given quantity of goods to the market. If the Malaysian government sets the maximum retail price below the equilibrium retail price, the result will be... O C. the quantity of the good that consumers would be willing and able to purchase at a specific 2 price. O D. the quantity of the good that consumers would be willing to purchase at a specific price. O A. excess demand. O B. excess supply. C. demand will shift leftward, and supply will shift rightward. D. no different than before the maximum retail price is imposed