Read the article in the link below from Geoff Riley's blog and then
1. Draw a demand diagram to show the effect on demand of the average price of a holiday rising to over £500
2. Draw a S&D diagram to show how the fall in prices this summer came about
http://www.tutor2u.net/newsmanager/templates/?a=1608&z=1
Thursday, September 07, 2006
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