Examlex
"The operator of the tunnel that links Britain and France, Eurotunnel, said that commercial and tourist traffic using its car and coach shuttle service had fallen sharply in 2004, leading to a drop in operating revenues of 4%. Eurotunnel's chief executive, Jean-Louis Raymond, blamed cut-throat competition from budget airlines." (news story, January 2005)
a.If Mr. Raymond is correct, are the services of airlines and Eurotunnel substitutes or complements?
b.Use demand and supply analysis to explain how lower airfares between Paris and London impact the market for the shuttle services of Eurotunnel.
Ascites
The accumulation of fluid in the peritoneal cavity, causing abdominal swelling, often due to liver disease or cancer.
Bone Marrow Aspiration
This is a medical procedure involving the extraction of a small amount of liquid bone marrow to examine for diseases.
Anterior Iliac Crest
The forward portion of the upper border of the iliac bone, which is often used as a landmark or access site in medical procedures.
Proximal Tibia
The upper section of the tibia bone, located just below the knee joint, that is crucial for knee stability and movement.
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