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Author Question: Which of the following would decrease the supply of airline travel? a. Reduced number of airline ... (Read 124 times)

Arii_bell

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on: Jun 30, 2018
Which of the following would decrease the supply of airline travel?
 a. Reduced number of airline travelers.
  b. New airline companies beginning operations.
  c. Higher fuel costs.
  d. Lower prices for airline tickets.

Question 2

Which of the following has a direct relationship rather than an inverse relationship with the supply curve?
 a. The number of sellers.
  b. Resource prices.
  c. Consumer income.
  d. Prices of other goods that firms could produce.


EAN94

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


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