Indicate the effect on the price and quantity exchanged

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Reference no: EM13200390

Market for Airline tickets: Explain what will happen in the market for U.S. domestic flight airline tickets, for each of the events shown below. Remember to indicate which curve will shift (demand or supply) and indicate the effect on the price and quantity exchanged in the market for airline tickets.

a. Impact of higher fuel prices

b. Impact of World Trade Center Bombing

Reference no: EM13200390

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