MATCHING Choose the Item in Column 2 That Best Matches

question 1

Multiple Choice

MATCHING. Choose the item in column 2 that best matches each item in column 1.
Match the term with the correct description.
-Multiplier effect

• A)The bed tax
• B)The measures that tells how sensitive demand is for one good or service to changes in the price of a related good or service
• C)The ripple effect
• D)A set of "accounting" rules to measure the economic contributions of tourism as an industry
• E)The state of pricing at which quantity demanded equals quantity supplied
• F)The cost of a resource is its value in its next best use
• G)The measures that tells how sensitive demand is to changes in income
• H)The total value of goods and services produced in a nation
• I)A variation pricing based on demand
• J)A leakage from a destination area

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Definitions:

Sake of Enjoyment

Doing something purely for the pleasure or satisfaction it brings, without external rewards or pressures.

Own Enjoyment

The personal satisfaction or pleasure derived from engaging in an activity without any external pressures or rewards.

Achievement Motivation

A psychological construct that drives an individual to pursue and achieve goals.

High Standards

The expectation or requirement of a level of performance or quality that is above the norm.