This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How can travel and tourism companies control competitive threats from online travel agencies and ... (Read 55 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Sep 11, 2019

Question 1

What is the difference between elastic and inelastic demand?
 
  What will be an ideal response?

Question 2

How can travel and tourism companies control competitive threats from online travel agencies and aggregators?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aburgess

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Sep 11, 2019

Answer 1

Products that have elastic demand tend to be sensitive to price change and are discretionary in nature while those with inelastic demand face steadier demand and are more apt to be necessities.

Answer 2

Just stop giving them inventory to sell.


natalie2426

  • Member
  • Posts: 524
Reply 2 on: Sep 11, 2019
Thanks for the timely response, appreciate it

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Genetic control of root hair development. Genetic control of root hair development.
Biotechnology Companies and Fighting Cancer Biotechnology Companies and Fighting Cancer
Internal and External Loci of Control Internal and External Loci of Control
Lineweaver–Burk plots of the reactions with and without a competitive inhibitor Lineweaver–Burk plots of the reactions with and without a competitive inhibitor
Body Wave and Surface Wave Travel Body Wave and Surface Wave Travel
Founder of Adidas and Puma companies are brothers Founder of Adidas and Puma companies are brothers
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library