Calculate the market-clearing (equilibrium) price and quantity for airline and train tickets on January 1. Please show the steps involved. 2Ps/300=600 Pd 2Ps/300 + Pd = 600 Pd=600-2Ps/300 Pd=6002(300)/300 Pd=598 Suppose the price of airline fuel falls on January 15. How will the supply curve for airline tickets be affected and why? Illustrate graphically and explain the reason in two lines. The supply curve for airline ticket will shift to the right. Lower fuel cost reduces the operating expenses.

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Accordingtothetextbook,whichofthefollowingstatementsis(are)correct? (x)  When a taxpayer attempts to legally reduce her tax liability, she is engaging in “tax evasion” and when an individual fraudulently avoids paying taxing, she is engaging in “tax avoidance”. (y)  One tax system is considered more efficient than another if it raises the same amount of tax revenue at a lower cost to taxpayers. (z)  Part of the administrative burden of a tax is associated with the headache of filling out tax forms imposed on taxpayers who comply with the tax. (x), (y) and (z) (x) and (y) only (x) and (z) only (y) and (z) only (x) only

what are the numbers that go in the cost table A through L Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.