Multiple Choice
Which of the following is true regarding aggregate demand for international pleasure travel?
A) the traveler wishes to maximize utility or opportunities but is subject to budget restraints
B) international travel expenditures are price-sensitive
C) international travel expenditures are not very price-sensitive
D) expenditures create substantial cross-elasticities of travel demand
E) future demand can be accurately forecasted
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Which is the most meaningful measure of
Q4: Visitor days as a measure of demand
Q5: Which of the following is not a
Q6: Demand for tourism is income elastic because:<br>A)
Q7: Tourism is the backbone of the economy
Q8: The best method of forecasting tourism demand
Q9: What is meant by elasticity of demand
Q11: From the standpoint of general recognition of
Q12: Which of the following does not directly
Q13: Which of the following is true when