You are studying the demand for cruise ship tickets. Determine how the demand for these tickets might be affected by each of the three factors below.
(a) A major marketing campaign successfully advertises the cruise ship sailings.
(b) The government lowers income taxes on its population and so consumers have more after-tax income.
(c) Consumers begin to prefer ocean travel as opposed to airline travel.

Question

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The Answer of You are studying the demand for cruise ship tickets. Determine how the demand for these tickets might be affected by each of the three factors below.
(a) A major marketing campaign successfully advertises the cruise ship sailings.
(b) The government lowers income taxes on its population and so consumers have more after-tax income.
(c) Consumers begin to prefer ocean travel as opposed to airline travel.

You Are Studying the Demand for Cruise Ship Tickets