=+February than during any other month. The airlines cancel about 10% of their flights as ticket prices

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=+February than during any other month. The airlines cancel about 10% of their flights as ticket prices fall about 20% during this month.

d. Owners of vacation homes in Maine rent them out during the summer. Due to the soft economy this year, a 30% decline in the price of a vacation rental leads more than half of homeowners to occupy their vacation homes

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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