(a) Susan and Patrick (Discovery Tours) are keen to progress with their idea and have begun to look at what is happening in the economy. Based on your understanding of micro and macro economics, identify and explain FOUR micro or macro economic concepts or terms that would be relevant to the young owners successfully running their adventure /tourism business. (students should clearly explain the relevance to Discovery Tours).

(a) Susan and Patrick (Discovery Tours) are keen to progress with their idea and have begun to look at what is happening in the economy. Based on your understanding of micro and macro economics, identify and explain FOUR micro or macro economic concepts or terms that would be relevant to the young owners successfully running their adventure /tourism business. (students should clearly explain the relevance to Discovery Tours).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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