Describe Economic theories of supply and demand.

The challenge lawmakers face as they search for solutions is to resist the temptation of simply giving the airlines a blank check. By doing so the airlines hope to win back their old customer base as well as attracting new passengers. The airlines feel that by giving passengers a free airline ticket, they will be able to see first hand the changes that have been made to assure their safety. The airlines are taking this big gamble because they are assured that once they come the first time, they will be back for a second run.Economic theories of supply and demand provide a clear indication.