Because Tourist Demand for Airline Flights Is Relatively _____,Small _____

question 279

Multiple Choice

Because tourist demand for airline flights is relatively _____,small _____ in ticket price will result in relatively _____ in additional tourists.

• A)inelastic;reductions;small increases
• B)elastic;reductions;large increases
• C)inelastic;increases;small decreases
• D)elastic;increases;small increases

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Definitions:

Proximity

Nearness in space, time, or relationship.

Similarity

The state of being alike or sharing common features, used in various contexts to describe resemblance or equivalence between entities.

Closure

The psychological need to seek resolution and a sense of completeness or finality in our perceptions and relationships.

Reversible Figures

Images or objects that can be perceived in more than one way, where the perspective shifts with each view.