--%>

Problem relating to Changes in Demand

Airlines considerably decreased the number of flights accessible in the year 2005, as compared to flight availability during the year 2000. Passenger mileage was fall. Economists would be least possible to ascribe the decline in airline ticket sales throughout the early year 2000s to: (1) Modifications in tastes and preferences since of the tragedy of September 11, 2001. (2) Raises in transaction costs obliged on travelers by raised airport security.  (3) A relative decrease in the prosperity of U.S. economy. (4) Raises in the costs of driving long distances since of higher average prices for the gasoline.

What is the precise answer from the above options.

   Related Questions in Microeconomics

  • Q : Substitutes and compliments pizza and

    pizza and sausage substitute or compliment wheat and rye substitute or compliment

  • Q : Intending negative income tax The

    The negative income tax suggestions: (w) are intended to simplify federal income taxes. (x) require the poor to pay taxes regardless of their incomes. (y) call for higher income taxes on transfer payments. (z) are attempts to balance the goals of equi

  • Q : Marginal revenue product or MRP curve I

    I have a problem in economics on Marginal revenue product or MRP curve. Please help me in the given question. Demand for the labor through a monopolist in the product market is its: (i) Value of marginal product (or VMP) curve. (ii) Marginal revenue p

  • Q : Determinants that consumers want to buy

    In addition to price, what are the other determinants that consumers want to buy?

  • Q : Probable outcome of a shift problem The

    The shift from D0 to D1 would be a probable outcome of: (i) An alter in the price of gasoline. (ii) Winter ending and summer coming, and hence more people take vacations. (iii) A reduction in the number miles driven. (iv) A rise in the cost of petroleum employed to ge

  • Q : Equilibrium for a price maker firm I

    I have a problem in economics on Equilibrium for a price maker firm. Please help me in the following question. In equilibrium, for a price maker firm, the charge of monopolistic exploitation is any difference among: (1) P and MR. (2) P and MC. (3) VMP

  • Q : In the quintile distribution of income

    In the quintile distribution of income, the term "quintile" represents

  • Q : Contribution standard of income

    The contribution standard of income distribution: (w) sets the least efficient incentives for production. (x) is the distribution standard most compatible along with pure capitalism. (y) minimizes individual economic freedom. (z) is very complimented

  • Q : Selling of physically indistinguishable

    While physically indistinguishable units of a good are concurrently sold at various prices at various locations, such price differentials reflect: (1) differences within marketing and advertising costs. (2) rational ignorance by consumers. (3) differe

  • Q : Industry-wide unionization Can someone

    Can someone please help me in finding out the accurate answer from the following question. Industry-wide unionization would be most probable to significantly influence the rate of U.S. inflation in short run when it occurred in world-wide: (1) Market for the middle-ma