The arrival of a new budget airline on the


Illustrate in a supply/demand diagram, by shifting the demand curve appropriately, the effect on the demand for flights between Calgary and Winnipeg as a result of:

(a) Increasing the annual government subsidy to Via Rail.

(b) Improving the Trans-Canada highway between the two cities.

(c) The arrival of a new budget airline on the scene.

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Econometrics: The arrival of a new budget airline on the
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