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Flights to Paris Are a Normal Good and People's Incomes

Question 120

Multiple Choice

Flights to Paris are a normal good and people's incomes rise. At the same time, the price of jet fuel rises. The equilibrium price of a flight to Paris ________ and the equilibrium quantity of flights to Paris ________.


A) might rise, fall, or not change; increases
B) falls; decreases.
C) rises; increases
D) rises; might increase, decrease, or not change

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