Economics 9708 · AS & A Level · Price elasticity of demand

Price elasticity of demand — practice question

The diagram illustrates demand for air travel in Asia. If air travel is a normal good, what might have led to the movement of the demand curve from D1 to D2?

  • Aa fall in employment in Asia
  • Ba fall in the price of aviation fuel
  • Can increase in road congestion
  • Dan increase in the price of train travel

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