--%>
Assignment Help - homework help

Tastes and Preferences in travel commercials

Can someone help me in finding out the right answer from the given options. Raised ‘love boat’ ticket sales in response to a sequence of stunning travel commercials point out a raise in the: (i) Quantity of romantic vacations demanded. (ii) Demand for the shipboard vacations. (iii) Irrational behavior of the travelers. (iv) Horizontal demand curve for the travel by boat.

   Related Questions in Microeconomics

  • Q : Major advantages of Corporations Can

    Can someone help me in finding out the right answer from the given options. The major benefits of the corporate form of business comprise: (i) Limited liability of owners. (ii) Better access to the markets for financial capital. (iii) The corporation is not dissolved

    		•
  • Q : Absolute Poverty of Income A family

    A family whose income leaves this hovering at the brink of survival and that gives only a razor’s edge existence is experiencing: (w) relative poverty. (x) economic shock. (y) financial destitution. (z) absolute poverty.

    Q : Distribution and production for social

    Society as entire benefits most when the distribution and production of penicillin corresponds to: (a) point a. (b) point b. (c) point f. (d) point d. (e) point g.

    Q : Monopsony Power and Immobility of Labor

    Immobility of the labor is significant economically as: (1) Most of the people like to move, however cannot. (2) People in high salary occupations won't be completely compensated for the costs and difficulties related with their occupations. (3) It we

    		•
  • Q : Efficient purely competitive market in

    When there are no externalities, in that case a purely competitive market in equilibrium is efficient since: (w) P = AC = MC. (x) total revenue equals total cost [TR = TC]. (y) P = MSB = MSC = MC. (z) MSB = MSC = MR > P.

  • Q : Individual firm in purely competitive

    In a purely competitive industry, the individual firm: (i) can raise the quantity demanded by lowering the price of its product. (ii) experiences substantial economies of scale. (iii) faces a completely inelastic demand curve. (iv) cannot influence th

    		•
  • Q : Unambiguously Poverty Poverty is most

    Poverty is most unambiguously: (w) an absolute concept that is easily and precisely defined. (x) more prevalent in North America than elsewhere. (y) the absence of income sufficient to survive in reasonable comfort. (z) a relative concept when poverty

    		•
  • Q : Marginal revenue-product of the labor

    The monopsonist will hire labor till labor's marginal resource cost equivalents the: (p) The value of average product of labor. (q) Price of labor. (r) Marginal revenue product of labor. (s) Marginal physical product. Choose the ri

    		•
  • Q : Average retail price and the consumer

    Table illustrates the average retail price of milk and the Consumer Price Index from the year 1980 to 1998.

    Q : Discount coupons and trip afforded by

    Relative to people along with lower incomes, and high-income families be likely to shop for groceries less often and use fewer discount coupons, although buy more throughout each trip, since: (w) their superior access to transportatio

    		•