In order to encourage tourism in Goa, Indigo Airlines reduces the air fare to Goa. How
will it affect the market demand curve for air travel to Goa?
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13
It will increase the tourism of Goa. And indigo will have more customers even if they have low income
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Answer:
In order to encourage tourism in Goa, Indian Airlines reduces the air fare to Goa. ... There will be downward movement along the same market demand curve for air travel to Goa. It happens because of decrease in the air fare
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