Question: Using an appropriate demand and supply diagram, explain the impact on the market price and quantity traded in each of the following cases: 1. a)

Using an appropriate demand and supply diagram,

Using an appropriate demand and supply diagram, explain the impact on the market price and quantity traded in each of the following cases: 1. a) The market for air travel following the imposition of higher fuel taxes. 2.b) The market for Pepsi Cola following a fall in the price of Coca-Cola. 3.c) The market for sushi following a successful marketing campaign promoting the health benefits from eating rice and fish. 4. d) The market for Samsung digital cameras following new technologies that improve productivity in its factories

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