Supply and Demand

Supply and demand

TABLE OF CONTENTS
MAIN BODY...................................................................................................................................3
Part 1................................................................................................................................................3
Part 2................................................................................................................................................5
Part 3................................................................................................................................................6
REFERENCES................................................................................................................................9

MAIN BODY
Part 1.
Q A.
a.)
Left shift in the demand curve due to tax imposed by Greece government on Air plane
tickets
Due to COVID-19 a tax on air plane tickets the price increases which in turn decrease
the demand of the air travel. Ticket charges and taxes put a brake on the air
connectivity and made air travel from and to Greece an expensive matter (Fazzari and
et.al, 2020).
b.)
Right shift in demand curve as new hotels were to open by the Greek government