The microeconomics of tourism is concerned with the following except:
A) tourism's effect on national employment and income.
B) studies of individual sectors such as restaurants and hotels, etc.
C) competition.
D) individual consumers.
E) cross elasticity of demand.
Correct Answer:
Verified
Q14: The three major economic impacts of tourism
Q15: This approach is a key to achieving
Q16: These are the three levels of income
Q17: The great benefit of Tourism Satellite Account
Q18: This is not a negative social impact
Q19: The elasticity is the ratio of the
Q20: The tourism demand depends on such factors
Q21: The law of demand indicates that price
Q22: These related goods and services are complementary
Q23: These related goods and services are substitutes
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