answersLogoWhite

0

The elasticity of domestic air ticket prices in South Africa typically indicates how sensitive consumer demand is to changes in ticket prices. Generally, the demand for air travel is considered to be price inelastic, meaning that significant changes in price result in relatively small changes in the quantity of tickets sold. However, specific elasticity can vary based on factors like economic conditions, competition, and the availability of alternative transportation options. Overall, understanding this elasticity helps airlines in pricing strategies and revenue management.

User Avatar

AnswerBot

2w ago

What else can I help you with?

Related Questions

Why is there domestic violence in south Africa?

Domestic violence occurs every where. Emotions are stuffs that we find every where and south Africa is no exclusion.


If you get a ticket to the world cup do you need a ticket to south Africa?

yes


What is the definition of the domestic partnerships bill of South Africa?

The Domestic Partnerships Bill of 2008 proposed the registration of domestic partnerships (both homosexual and heterosexual) in South Africa and the granting of certain responsibilities and privileges based upon that relationship. The bill did not become law and there is no legal recognition of domestic partnerships in South Africa although, it is worth noting, same-sex marriage has been legalized there.


How much did a movie ticket cost in 1998 in South Africa?

99 cents


What is the price for a ticket from islamabad Pakistan to durban south Africa?

i dont know hhehehehehe


How much is the cost of a ticket for not stopping at a stop sign in south Africa?

57 cochees


What has the author Pamela Strauss written?

Pamela Strauss has written: 'Africa style in South Africa' -- subject(s): Architecture, Architecture, Domestic, Domestic Architecture, Interior decoration, Vernacular architecture


Which Indian cricketer was the first Indian to get a contract to play domestic cricket in South Africa?

kapildev


What country has the most domestic violence?

South Africa is said to have the highest statistics of gender-based violence in the world, including rape and domestic violence (Foster 1999; The Integrated Regional Network [IRIN], Johannesburg, South Africa, May 25, 2002)


What was GDP in South Africa in 2000?

The Gross Domestic Product (GDP) in South Africa was worth 132.878 billion US dollars in 2000, according to a report published by the World Bank.


How do you get into a FIFA World Cup game?

You buy a ticket and then travel to South Africa, the tickets are quite expensive.


What is the current GDP in South Africa?

The industrial production growth rate is 5%, and the annual GDP growth rate is 3.1%