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A European vacation trip is generally considered to be elastic, as it is a luxury expense that many consumers can adjust based on price changes. If airfare, accommodation, or travel costs rise significantly, people may choose to delay or forgo the trip altogether. Conversely, if prices decrease, more individuals may be inclined to travel. Thus, demand is sensitive to changes in price.
What else can I help you with?
What might a producer do while considering lost production that results from a trip to the market?
Increase the price of the products
What would a shopping trip be like if all businesses were monopolies?
VERY expensive products, limited choices, and ZERO customer service.
What is the value of 500 pesetas?
what is the value of 500 pesetas? None. In Spain the peseta has been replaced by the Euro. I have a FEW LEFT FROM MY LAST TRIP AND WILL GIVE THEM AWAY.
The shoe-leather cost is?
refers to the cost fof time and effort that people spend triying to counter-act effect of inflation such as holding less cash andto make additional trip to the bank
Is rafting an economic activity?
Yes. When you go on a rafting trip, you hire outfitters and then they in turn, buy rafting gears and equipments which shows that there is a flow of money. And where there's movement of money, there's economic activity.
Would a person need a passport for a European vacation from America?
Planning a Europe trip? You'll have to do some travel planning before you go on that European vacation. Find information on obtaining a passport, staying healthy, making sure your electronics will work in Europe, language help, currency, and how to save money planning your Europe vacation.
What is the difference between a 'getaway vacation' and a 'destination vacation'?
A get-away is a short trip, usually a week-end, that is near to where you live and most times it's a spur of the moment trip. A destination vacation is a pre-planned trip to a specific place.
What is a synonym for Hiatus?
Jorney, trip, vacation
What is the right answer for a fragment towe were so excited about uor vacation A trip to Europe?
what is the right answer for this fragment 1)we were so excited about our vacation. A trip to Europe
Are you interested in booking an all-inclusive resort trip for your next vacation"?
"Would you like to book an all-inclusive resort trip for your next vacation?"
Are you looking for a vacation trip planner that includes driving routes and recommendations"?
Yes, are you seeking a vacation trip planner that provides driving routes and recommendations?
What is another word for top trip?
an amazing vacation
What are the release dates for Rogue Trip Vacation 2012 - 1998 VG?
Rogue Trip Vacation 2012 - 1998 VG was released on: USA: 30 August 1998
What are some inexpensive Costa Rica vacation plans?
"Yes, Trip Advisor is a good place to shop of inexpensive costa rica vacation plans. Whether it be for a pleasurable vacation or maybe an exciting honeymoon, you will find affordable plans on Trip Advisor."
how to throw a family vacation as a last minute trip?
If you're looking for a family vacation as a last minute trip then i would suggest going to this website http://www.lastminutetravel.com/ It will definitely help you quickly find a destination so you can have a nice vacation with your family.
How do you use trip in a sentence?
Wouldn't you want to go on a vacation trip to Hawaii rather than go to work.
What is the antonym of not joking but?
Q: What is the past tense for trip? A: The past tense for the physical type of trip is TRIPPED. The past tense for the vacation or school type of trip is WENT ON A TRIP.
