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-In Mid-2008 Delta Increased the Price of a New York

Question 233

Multiple Choice

  -In mid-2008 Delta increased the price of a New York to LA ticket by 10 percent. As a result of this price hike, there was a__________ shift in the demand curve for a ticket on Continental because the price of a __________had risen. A)  leftward; complement B)  rightward; substitute C)  leftward; substitute D)  rightward; complement
-In mid-2008 Delta increased the price of a New York to LA ticket by 10 percent. As a result of this price hike, there was a__________ shift in the demand curve for a ticket on Continental because the price of a __________had risen.


A) leftward; complement
B) rightward; substitute
C) leftward; substitute
D) rightward; complement

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