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Author Question: The law of demand indicates that price and quantity demanded are inversely related: (Read 61 times)

tnt_battle

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on: Mar 3, 2019

Question 1

The microeconomics of tourism is concerned with the following except:
◦ individual consumers.
◦ cross elasticity of demand.
◦ studies of individual sectors such as restaurants and hotels, etc.
◦ competition.
◦ tourism's effect on national employment and income.

Question 2

The law of demand indicates that price and quantity demanded are inversely related:
◦ when prices decreases, the quantity increases.
◦ when price increases, the quantity decreases.
◦ when price increases, the quantity demanded decreases.
◦ when price decreases, the demand decreases.
Tourism: Concepts and Practices ¦ Walker, Walker ¦ 1st Edition
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Marked as best answer by tnt_battle on Mar 3, 2019

Harbringer

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Reply #1 on: Mar 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tnt_battle

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Reply 2 on: Mar 3, 2019
:D TYSM

ebonylittles

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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