Suppose the price of railway ticket decreases what will happen-08961
Suppose the price of railway ticket decreases, what will happen in the market for airline travel?
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Mid Term - Quiz No.2.
Suppose the price of railway ticket decreases, what will happen in the market for airline travel?
The demand curve for airline travel shifts left.
The demand curve for airline travel shifts right.
The supply curve of airline travel shifts left.
The supply curve of airline travel shifts right.