Answer to Question #209799 in Economics for Paballo

Question #209799
  • If you assume the price of passenger airplanes rises significantly, what will happen to the demand curve of jet fuel? A. It will not change.
  •  B. It will shift leftward.
  •  C. It will shift rightward.
  •  D. It will become steeper.
1
Expert's answer
2021-06-28T02:41:07-0400

If the price of passenger airplanes rises significantly, then the demand curve of jet fuel will shift leftward, because these goods are complements.

So, the correct answer is B.


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