BSN4811: Discuss and analyze the combined impact of these two concurrent incidents on the price and quantity of airline tickets in Singapore: Innovation and Productivity Assignment, NUS, Singapore

Singapore recently opened Vaccinated Travel Lanes (VTL) to more countries, where people can travel to and from without quarantine. Following the announcements, airlines increased the number of weekly flights to these destinations. Discuss and analyze the combined impact of these two concurrent incidents on the price and quantity of airline tickets in Singapore, supporting your prediction with suitable diagrams. If your answer contains more than one prediction, support each prediction with its own diagram and discussion.