Increasing jet fuel values recently led most major united, Ask an Expert

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Increasing jet fuel values recently led most major United States airlines to raise fares by approximately 15%. Describe how this substantial increase in airfares would affect the following:

[A] The demand for air travel.
[B] The demand for hotels.
[C] The demand for rental cars.
[D] The supply of overnight mail.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9309665

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