Gas prices and the example of supply and demand
Title: Gas prices and the example of supply and demand
Category: /Business & Economy
Details: Words: 910 | Pages: 3 (approximately 235 words/page)
Gas prices and the example of supply and demand
Category: /Business & Economy
Details: Words: 910 | Pages: 3 (approximately 235 words/page)
If you are planning a trip somewhere, you could easily drive your car, take the
bus, hop on the train, or take a most...but most people like to fly. Airplanes give us the
ability to travel long distances in only a fraction of the time it would take by any other
form of transportation.
The costs of air travel is ever increasing and decreasing in line with the supply
and demand. Americans love to
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why it is usually more expensive to fly during the holidays, not to mention
most businesses can charge what they want to if they know people will be needing their
services at that specific point in time.
References
Retrieved February 5, 2005 from http://www.qantas.com.au/regions/dyn/home/qualifier-region-au/qualifier-custtype-qf2leisure
Retrieved February 5, 2005 from http://www.ozflight.com.au/news/news.php?id=1911
Retrieved February 5, 2005 from http://www-rcf.usc.edu/~tsandler/substitution2ms.pdf