Both demand and
supply for Zeppelin dramatically decreases after the explosion of Hindenburg
around the 1930s. People chose not to ride on the Zeppelin because they are too
afraid to do so and they are afraid that history is going to repeat and similar
incidents are going to happen again. Yet, through the advancements and
improvements of technology, the service of Zeppelin riding has become more
secure and safe. The Zeppelin rising service are now being improved with decent
quality and better materials. For instance one great example of an improvement
would be how
they
replace the gas in the Zeppelin with hellion and instead of hydrogen, so the
possibility of a Zeppelin explodes decreases. Airship Ventures is an example of
an oligopoly, because there are only three airship companies that actually own
a Zeppelin and there is actually only one in the United States. Three crucial
determinants that lead to Airship Ventures’ success are preference, expected
future prices, and the prices of related goods. Lastly, for me, I would not
really risk to go on a Zeppelin, because I have my own personal preferences,
furthermore, it is not cheap to go those.
