A small island economy has a single state-run airport which is served by a single state-run airport. Use an

appropriate diagram to analyse the effects on the market equilibrium price and quantity traded for air travel

following:

a) An increase in the price of jet fuel (an input into the production cost of air travel).

b) The privatization of the island’s airport resulting in large increases in the cost to consumers and using its

services.

c) The entry into the market of a low-cost airline providing a rival service to the state-run airline.

Answers

Answer 1

I think the answer is b

Answer 2
Final answer:

Increase in jet fuel results in increased costs, reducing supply, and raising prices. Airport's privatization acts as a tax on consumers, possibly not affecting demand but increasing cost. The entry of a low-cost airline increases competition, likely reducing prices, and increasing air travel.

Explanation:

The question concerns the small island economy's air travel market and how different factors can affect the market equilibrium price and quantity traded. Let's first consider the increase in jet fuel prices. An increase in costs like jet fuel is a real scenario affecting producers and consumers. For the state-run airline, this would lead to an increase in the costs of production, hence causing the supply curve to shift to the left, reflecting a reduction in supply as it becomes more costly to operate flights. The price of flights will increase, and the quantity demanded will decrease.

In the case of the airport's privatization leading to increased costs, this acts as a tax on consumers, increasing the price they pay for air travel. Given the inelastic demand for air travel, the higher prices may not significantly affect the number of people who travel but will increase the overall cost to consumers. Lastly, the introduction of a low-cost airline provider can increase competition in the market and give more choices for consumers. This can potentially drive down prices and increase the quantity of air travel.

Learn more about Market Equilibrium here:

https://brainly.com/question/32940222

#SPJ3


Related Questions

What is a satellite

Answers

2 definitions:

an artificial body placed in orbit around the earth or moon or another planet in order to collect information or for communication.


a celestial body orbiting the earth or another planet

An object launched to orbit Earth or another celestial body, as a device for reflecting or relaying radio signals or for capturing images

what are the largest cash crops in the andes region

Answers

The major cash crops of the Andes Region tobacco, cotton, cocoa, coffee. The answer is C. The Andes, running along South America's western side, is among the world's longest mountain ranges. Its varied terrain encompasses glaciers, volcanoes, grassland, desert, lakes and forest.

put these innorder of size from smallest to biggest: creeck, rill, gully, river.

Answers

Creek
Gully
Rill
River

The order of water bodies from smallest to largest is Rill, Gully, Creek, and River. Rills are minor erosional features that can become gullies, which are larger. Creeks are smaller streams, and rivers are the largest, flowing towards the sea.

To answer the student's question, we're looking at the order of stream sizes from smallest to largest. Fundamentally, this ordering is based on the typical flow and size of these water bodies found in nature.

Rill - A rill is a small channel in the soil formed by erosion. It is the smallest and often not very deep, formed as water from precipitation runs off and pulls loose soil with it creating small channels.Gully - A gully is larger than a rill and is a product of further erosion. When rills deepen and widen, they can become gullies. These can be large enough that they cannot easily be crossed and can disrupt fieldwork.Creek - Larger than a gully, a creek is a small stream that is often a tributary to a river. It's a small body of moving water, sometimes sourced from springs or lakes.River - The largest body of moving water on the list, a river flows to the sea and can have creeks and smaller streams as tributaries.

Differentiate between tropical evergreen and tropical deciduous forests.

Answers

The tropical forests can roughly be divided into two major groups, tropical evergreen forests and tropical deciduous forests. The division is made in accordance to the characteristics of the trees.

The trees in the tropical evergreen forests are green throughout all of the year. The reason behind this is that they have constant temperature all year long, and constantly high amounts of rainfall all year long, so there is no need for them to shed their leaves.

The trees in the tropical deciduous forests, on the other hand, are shedding their leaves. This means that in one part of the year these trees have green leaves, while in the other part of the year they are shedding their leaves and the branches are stripped. The main reason behind this is that the rainfall occurs only seasonally, when pretty much all rainfall for the year falls in few months. After that, a very long period of drought and very high temperatures starts. In order to survive and not get damaged, the trees are shedding their leaves, thus they almost put them selves in an hibernating phase until the next rainy season.

Answer:

This may be help you. Thank you

Which type of map would you use to locate oil reserves? Question 15 options: Political Topographical Resource Special Purpose

Answers

Answer:

I would use a resource map to locate oil reserves.

Explanation:

Resource maps are equipped with the locations of resources and reserves situated in the area that the map belongs to. The purpose of these maps is to show the availability and distribution of different minerals found in the area. To serve the purpose of the convenience of locating reserves and resources, resource maps and other maps are made by the major geological surveying agencies and authorities functioning in the respective regions

List the Six Essential Elements of Geography. (Site 1)

Answers

The subject can be broken down into six essential elements :

The world in spatial terms.Places and regions.Physical systems.Human systems.Environment and society.Uses of geography.

how is ingneous rock relate to plate tectonics

Answers

Tectonic plates are plate-like sections of Earth's crust. They float on top of the hot, deep layers of the earth where magma is found. When tectonic plates diverge, magma has an opportunity to squeeze through the gap and reach the surface, where it cools to form igneous rocks. Hope this helps!!

rural areas refers ro

Answers

Rural areas refer to the countryside. It is a geographic area outside the city and town limits that are unsophisticated.  Anything that is not urban is categorized as rural. Generally the population density is less. Forest and agriculture based places fall under rural category.

Answer: Areas in the country

What does the diagram show about earths interior?

A. The outer core is the hottest region

B. The mantle is hotter than the outer core

C. The continental crust is the cooler region

D. The inner core is cooler than the lithosphere

Answers

The answer is C because the earth gets hotter as you go deeper into it therefore the continental crust which is the outside would be the coolest. The inner core is the hottest then the outer core then the mantle and then the crust would be the coolest.
The answer will be C. The continental crust is the cooler region. Because the more you go inward into the earth, the hotter it gets. Kinda like when you eat a straight out of the oven cookie. It’s cool on the outside but hot in the inside.

Y’all help me with those please

Answers

1. True.  It depends on how the monarchy uses his or her power

2.  False.  A dictatorship is a type of rule that demands its citizens to listen to all of its rules.

3.  True.  If it follows the correct way of business and listens to its citizens.

4. False.  An oligarchy is sort of like a monarchy.  It only includes a few people making all of the decisions, which are usually the few rich individuals.

5. True.  A government can be a monarchy and cause its citizens to reject and attempt to overthrow its government.

6.  True.

7.  True.

8.  True.  If it makes a rich person the only ruler, then it could be an oligharchy

how was jesus killed and why do christians say he was killed

Answers

Jesus was hung from a cross the only thing that held him was four big nails stabed in his hands and feet christians said he was killed because he was killed.

Jesus was nailed on his hands and his feet onto a wooden cross which was put up by two others who were thiefs. Christians say he was killed because he was. If you want much more information about this I recommend you purchase a Bible. It has all the history of Jesus and many other people from biblical times. Hope this helps!

Which statement describes an example of a positive feedback loop?


A. Warm-blooded animals sweat when they get too hot. Sweating is a method by which the body cools itself.

B. A thermostat regulates temperature by turning a furnace or air conditioner on and off.

C. When blood flows from a mild cut, blood clots form to prevent excessive bleeding.

D. As oceans become warmer they release more CO2, which then increases atmospheric and ocean temperatures.

Answers

Final answer:

Option D represents a positive feedback loop where warming of oceans leads to more CO2 released which further increases temperature - a cycle that keeps reinforcing itself.

Explanation:

An example of a positive feedback loop is represented by option D: 'As oceans become warmer they release more CO2, which then increases atmospheric and ocean temperatures'. This constitutes a positive feedback loop because the output of a system is used as its input, leading to the amplification of the initial effects. The increased atmospheric and ocean temperatures caused by CO2 release will further warm the oceans, leading to the release of even more CO2, and thus the process keeps reinforcing itself.

The other options (A: Warm-blooded animals sweating, B: Thermostat regulation, C: Blood clotting) are examples of negative feedback loops, in which the system counteracts imbalance, working towards establishing equilibrium.

Learn more about Positive Feedback Loop here:

https://brainly.com/question/20036785

#SPJ2

What were the consequences of the European colonization of eastern North America?
Choose ALL answers that are correct:
A. The number of Europeans in eastern North America increased while the native population decreased
B. European countries lost money because colonies were expensive to maintain
C. European colonists came into conflict with native peoples because of different beliefs about land use
D. Native Americans land was taken and many Native Americans were forced onto reservations
Thanks! :D

Answers

Final answer:

The consequences of European colonization of eastern North America included the increase of Europeans and decrease of the native population, conflicts over land use between European colonists and Native Americans, and the taking of Native American land and forced relocation onto reservations.

Explanation:

The consequences of European colonization of eastern North America:

A. The number of Europeans in eastern North America increased while the native population decreased: As European settlers established colonies in eastern North America, their population grew while the native population declined due to various factors such as violence, diseases, and displacement.

C. European colonists came into conflict with native peoples because of different beliefs about land use: European colonists had different beliefs about land ownership and resource utilization compared to Native Americans, leading to conflicts over territory and resources.

D. Native Americans land was taken and many Native Americans were forced onto reservations: As European colonization progressed, Native Americans were displaced from their ancestral lands, and many were forced onto reservations, resulting in the loss of their autonomy and the disruption of their traditional way of life.

Which of the following is not a cultural characteristic of Washington State?


-Mountain Ranges
-Religions
-Cities
-Languages

Answers

I think the answer would be Mountain Ranges
I think the answer is mountain ranges as the other answers all involve cultural characteristics

which event of athenian empire is in correct chronological order

Answers

Answer:

i. The Delian League was formed.

ii. The Peloponnesian War began.

iii. A plague broke out in Athens.

iv. Athens lost its ruler and its power.

the line dividing regions 4 and 5 on this map is known as the Fall Line which of these represents an important factor of a fall line in Georgia history

Answers

The Fall Line separates the Coastal and Piedmont regions in the state of Georgia.

The Piedmont area is at a higher elevation than the Coastal causing the rivers to “fall” into the Coastal region. The Fall Line became an area where trade posts developed because the waters were too rough to be traveled by boats.

Three out of four of those major trade areas among the Fall Line became state capitals of Georgia.  

Answer:

B) It was an important source of power due to a change in elevation.

Explanation:

Which climate zones are found in eastern Europe

Answers

Currently, it is predicted that there are around 375 language spoken in Africa. The amount of cultures in africa is depended on the unique characteristics of the local tribe.

Africa have approximately around 450 different cultures with their own unique characteristics. Currently, there are many regions Africa that still involved in a civil wars that initiated by independent groups in order to take control of the government.

Their economy is in a stagnation and the environment around them is not in a good condition. It is predicted that 10,000 deaths occurs because of political instability in Africa every year.

Learn more about Africa on:

https://brainly.com/question/1959687

#SPJ2

The declining axolotl population in Mexico City is an example of __________ in overcrowded cities.

Answers

The correct answer is "B. Changes to natural environments and native species".

The answer is:

The declining axolotl population in Mexico City is an example of changes to natural environments and native species in overcrowded cities.

Which interaction involves only one of Earth’s spheres?

A) Plant roots take in water from the soil.
B) Plants take in carbon dioxide from the air.
C) During photosynthesis, plants make food and release oxygen into the air.
D) Energy stored in plants is transferred to humans and animals that eat them.

Answers

Answer:

Energy stored in plants is transferred to humans and animals that eat them.

Explanation:

How does trade between different nations influence culture

Answers

International trade means peoples goods from lets say Asia are transported to America. Since its from a different country some influence comes with it.

Culture is influenced since a nation exports its culture allong with its products. As international tourism increases the nation imports thier culture with those products. The traded goods which the nations would traded( like cloth, beads, crops, furs) would allow different nations to own the materials that they could not find where they lived.

Hope this helps! <3

20 POINTS HELP QUICKLY PLEASE GIVE 1 PARAGRAPH
(Talking about earthquakes)
Discuss how the different types of waves are formed and describe how the waves travel.

Answers

regular wind and surfing waves:

They form because of wind, and travel from the same reason.


Tsunami waves:

They are most likely formed because of convergent plate boundaries, and travel because of the force of them. They can last for a long time, all around the world, depending on the magnitude of the earthquake.

In which situation might GDP (gross domestic product) NOT be an accurate indicator of the health of a country's economy? A) The country is embarking on large public works projects. B) The country has recently joined a new trade organization. C) The country relies on agriculture for most of its export revenues. D) The country has suffered a disaster and is receiving financial aid from overseas.

Answers

The country has suffered a disaster and is receiving financial aid from overseas.

In this situation, the availability of money for purchasing goods and services may not accurately reflect economic growth in the country.

So your answer is D.


ANSWER:

GDP might not be an "accurate indicator" of the health of a "country's economy" when the country has "suffered a disaster" and is receiving "financial aid" from overseas.

EXPLANATION:

When the country is suffering a disaster then the GDP might not be the accurate indicator of the heath of country’s economy. The accidental or disaster causes the sudden decrease on heath of country’s economy. Also, the financial aid is not considered for indicating the GDP of country.

what do europe and asia have in common

Answers

Europe and Asia are From the old world

About how many miles is there between the east and west coasts of Australia using this map's scale?

Answers

The distance between the east coast and west coast of Australia is 2,500 mi.

Australia is an island country that is also a continent on its own, and that makes it unique. It is one of the biggest countries in the world, and no wonder that it is a very long and wide country.

In a straight line, Australia's east coast is 2,500 mi away from the west coast of the country.

The biggest and most influential city in the east coast is Brisbane, while on the west coast it is Perth that has that role.

how many trips has Earth made around The Sun in 8 Mars years?

Answers

15.04 rotations around the sun

Answer:

15 Trips

Explanation:

Mars is known as one of the highest eccentricities of any planet in solar. They range from 2.6 million and 2.4 million. The tilting of the earth occurs because of the obliquity of the ecliptic. The axis of the earth tilts in 23.4 degrees to the sun towards the plane where the sun travels. Assumingly the axis of the planet keeps tilting in the same spot. Therefore during summer, the northern hemispheres appear high in the sky in the day time.

According to the question,

1 year in Mars = 687 days in Earth

Thus,

8 years in Mars = [tex]687 \times 8= 5496[/tex] days in earth

Thus,

5496 days in Earth = [tex]\frac {5496}{365}\\\\15.0575[/tex] years in earth

Thus, earth takes around 15 trips around the sun in Mar's 8 years.

PLZ HELP ASAP use the map below to describe the type of bond that the town at the arrow will be experiencing in the next few hours

Answers

OK so i'm guessing this is low pressure i really wish this had answer choices because i don't know what kind of pressure when it comes to wind or rain all i know is that the symbol indicated low pressure



Answer:

In weather maps, sharp edges are typically used with cold air. They also point in the direction of the front. So in this picture, the town will be experiencing a drop in temperature (also known as a cold front) as well as a decrease in precipitation.

Hope this helps!

how had the north america free trade agreement affected business culture in the united states

Answers

It has created more trade between Mexico, Canada and America allowing for the economy to grow and for more trade to be created

Jim shot an arrow at the target but missed. In fact, the arrow was nowhere in sight! "Don't worry" said Jim's buddy. "It is probably lying on the ground on the other side of the target." "How do you know that?" asked Jim. "Because of ________", answered his buddy. A) the force of gravity B) the pull on your bow C) the force of the wind D) the curve of the Earth

Answers

A, the force of gravity

The answer is A.) the force of gravity

The contour interval of a topographic map is 25 feet, and every fifth line is an index contour. What is the difference in elevation between index contours? A. 25 feet B. 100 feet C. 125 feet D. 175 feet

Answers

the correct answer is C. multiple the contour interval by the number of lines between the index contours

Answer:

If the "contour interval" of a "topographic map" is 25 feet, and every fifth line is an index contour, the "difference in elevation" between index contours would be "125 feet".

Explanation:

A contour interval is defined as the fixed distance between any two contour lines plotted on the topography of a region. An index contour is a darker contour line drawn after every four contours for the convenience of reading the elevations. If the "contour interval" is fixed at 25 feet, the distance between two index contours would naturally be 125 feet.

how deep down is the earth inner core

Answers

The distance to the center of the Earth is 6,371 kilometers (3,958 mi), the crust is 35 kilometers (21 mi) thick, the mantle is 2855km (1774 mi) thick — and get this: the deepest we have ever drilled is the Kola Superdeep Borehole, which is just 12km deep.

To this core would be 6,371


according to the science book in front of me

Other Questions
Read the following passage and answer the question. Nine years we wove a web of disaster for those Trojans, pressing them hard with every tactic known to man, and only after we slaved did Zeus award us victory. Who is the speaker of this passage? Your best friend has very low energy levels and complains of not being able to sleep at night. Based on this information, determine the number of your best friend's Body Mass Index.A. 2B. 24C. 30D. 35 Write an equation in slope-intercept form of the line parallel to y=8x-8 through (5,2) simplify [tex]( \frac{ {h}^{12} }{ {h}^{4} } ) {}^{3} [/tex]Plz help! and explain how you got the answer Rams salary for a year at his job is $56,000. He gets paid semi-monthly. How much does Ram gross each pay period? Select the correct answer from the drop-down menu.Twenty cards are drawn from a pack of cards at random.The sequence ________ is the closest to the probability of drawing a queen or a king from the pack.A: 5 6 8 2 Q 4 8 3 2 A 2 3 10 J J 4 A 5 3 8B: K J 5 8 4 3 6 Q 9 J Q 2 8 Q 9 2 Q A 7 K C: 3 8 3 2 7 4 J A 6 3 2 A A 6 3 8 6 10 5 4D: 4 8 6 K J 7 Q 3 A K 2 5 8 9 10 2 4 A 67 Yankees wins to mets losses. Yankees wins 15. mets losses 12. use this and write the ratio. Select the correct answer. Logan wants to ensure that his baby does not become a victim of sudden infant death syndrome. What should Logan do? A. co-sleep with the baby B. remove soft toys and fluffy pillows from the crib C. keep the baby under constant supervision D. encourage the baby to sleep on the tummy E. allow the baby to sleep as little as possible 16. __________ indicates a BAL of .15 or higher.A. Slurred speech and a reduced ability to maintain lane positionB. Near complete loss of muscle controlC. Impaired memory and a lack of alertnessD. Reduced physical coordination and increased reaction time At a high school with 800 students, 80% of the students ride the school bus. if 20 students are selected randomly (without replacement) and we let x = the number of students in the sample who ride the bus, what is the probability that at least one of the students doesn't ride the bus? What is 5x + 8y =16 in slope intercept form Please Help Quick(ONLY #5)!!! how do you say punta English problem that I need to grade what dynasty said to be chinas first do historans belive to be legendary 1.han 2.zhou 3.xia 4.shang president herbert hoover believed that the goverment should Which group of people was most directly affected by the 14th amendment The best conclusion that can be drawn from the graph is that the number of nonfarm jobs what is Alexander the great known for? select all that apply. In one paragraph, describe how the FDIC and SEC continue to affect the lives of US citizens. Use at least two examples to support your description. Steam Workshop Downloader