Economics 2281 · O Level · Supply

Supply — practice question

The diagram illustrates a movement of the supply curve for New Zealand’s airlines from S$_1$ to S$_2$. What is the most likely reason for this change?

  • Aa decrease in the costs of New Zealand’s airlines
  • Ba decrease in the number of people wanting to fly to New Zealand
  • Can increase in the price of train and bus travel in New Zealand
  • Dan increase in the tax on air travel in New Zealand

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