Answered: Which of the following events would…

Business

Economics

Which of the following events would increase the demand for cruise vacations?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Which of the following events would increase the demand for cruise vacations?

The price of cruises falls

The price of air travelling decreased significantly.

The economy is slowing, unemployment increases and average income

falls.

The popularity of cruises rises after a successful marketing campaign.

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