Business, 20.02.2020 19:44, isaiahhuettnerowgg8d

When the economy turns down and the incomes of many people decrease, vacationers are more likely to take car trips than to fly. Which of the following provides one possible explanation for this phenomenon? a. Air travel and travel by car are complementary goods. b. Air travel and travel by car are both normal goods. c. Air travel is a normal good and travel by car is an inferior good. d. Air travel is an inferior good and travel by car is a normal good.

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When the economy turns down and the incomes of many people decrease, vacationers are more likely to...