The figure below shows the market for airline tickets. All else equal, a report
is released that frequent fliers have more exposure to radiation. If people
became concerned that exposure to radiation is harmful, we would expect
the
Price
S1
S2
D2
D1
Quantity
Demand curve does not shift, and the supply curve to shift from S1 to S2
Demand curve to shift from D2 to D1 and the supply curve to not shift