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-The Figure Above Shows the Market for Airline Tickets

Question 529

Multiple Choice

-The figure above shows the market for airline tickets. If airline tickets are a normal good, then the recession in 2008 that caused people's incomes to decrease lead to a shift from A) S<sub>1</sub><sub> </sub>to S<sub>0</sub><sup>.</sup><sup> </sup> B) S<sub>0</sub><sub> </sub>to S<sub>1</sub><sup>.</sup><sup> </sup> C) D<sub>1</sub><sub> </sub>to D<sub>0</sub><sup>.</sup><sup> </sup> D) D<sub>0 </sub>to D<sub>1</sub><sup>.</sup>
-The figure above shows the market for airline tickets. If airline tickets are a normal good, then the recession in 2008 that caused people's incomes to decrease lead to a shift from


A) S1 to S0.
B) S0 to S1.
C) D1 to D0.
D) D0 to D1.

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