This Is an Important Feature of the Economics of Tour

question 14

Multiple Choice

This is an important feature of the economics of tour wholesaling.

• A) Fixed costs are greater than variable.
• B) Low returns on equity are likely.
• C) Cash flow is not important.
• D) It has relatively low barriers to entry.
• E) The average return on sales is high.

---

Definitions:

Latitude

A geographical coordinate that specifies the north-south position of a point on the Earth's surface, measured in degrees from the equator.

Tomboys

Typically refers to girls or women who enjoy activities and behaviors traditionally considered masculine.

Gender-schema Theory

A theory that explains how individuals become gendered in society, and how sex-linked characteristics are maintained and transmitted to other members of a culture.

Gender-appropriate Behavior

Actions or conduct considered acceptable for a person based on their culturally defined gender roles.