Why are rewards for resource use in tourism often low

Assignment Help Business Economics
Reference no: EM13998980

1. Briefly discuss the two problems that arise when considering the resource use in travel and tourism.

2. Why are the rewards for resource use in tourism often low? List and discuss various reasons.

Reference no: EM13998980

Questions Cloud

What role does art play in your life and in society : Describe what you will take away from your visit and this paper project? What role does art play in your life and in society? Be sure to determine the name of the artist responsible for each work you have elected to discuss, so that you can proper..
What total length of wire is reuired : A solenoid is designed to produce a magnetic field of 2.50 x 10-2 T at its center. What minimum number of turns per unit length must the solenoid have? What total length of wire is reuired?
What amount of gain or loss will the company recognize : What amount of gain or loss will the company recognize for the sale?
Discuss the three methods of segmentation or tourists market : For what reasons might economists be interested in segmentation in tourism? Discuss the three methods of segmentation or the tourists' market.
Why are rewards for resource use in tourism often low : Briefly discuss the two problems that arise when considering the resource use in travel and tourism. Why are the rewards for resource use in tourism often low? List and discuss various reasons.
Write paper in which you examine a contemporary event : Writing Assignment: Write a 3-4 page paper in which you examine a contemporary event using the concept of the situated knower or the concept of standpoint; make sure to clearly explain the theories as you apply them to your example
What is meant by the opportunity costs of tourism : Explain in your own words the discrepancy between consumers' and producers' view of tourism as a product. What is meant by the" opportunity costs" of tourism? Show how these may be linked to seasonal patterns of tourism.
How far apart are the neighboring maxima : The slits are separated by a distance of 0.15 mm. How far apart are the neighboring maxima if they are observed on a wall 7.5 m away from the slits?
What is the different between tourist and excursionist : Define tourism. What should be included in the definition of tourism? What is the different between tourist and excursionist?

Reviews

Write a Review

Business Economics Questions & Answers

  Short-run production function-marginal and average product

A restaurant owner has the following short-run production function: Draw a table showing total, marginal and average product up to an input of ten workers, and plot these on a graph. Show the range of labour where stages I, II and III of production o..

  Find the price at which the firm makes zero profits

Suppose that the cost function of a firm is C(q) = 10 + 3q + 0.1q 2 and that it operates under perfect competition. If p = 4, find the optimal quantity, the costs, the revenue and the profits. Find the price at which the firm makes zero profits, that..

  Compute cumulative benefits per stage

Compute cumulative benefits per stage Compute cumulative patients per stage Graph the cumulative benefits curve Which variable represents marginal benefits per stage? C

  Draw a demand and supply diagram of a bond market

Draw a demand and supply diagram of a bond market and show the equilibrium price and quantity demanded and supplied in the diagram. What are the factors that shift these demand and supply of bonds? What is the relationship between bond market prices ..

  Elucidate the opportunity costs for the manager

Elucidate the opportunity costs for the manager of being in this business relative to returning to his old job. what is the economic profit of the business.

  Qassume there are 100 identical firms in an initially

q.assume there are 100 identical firms in an initially competitive market. market demand is given by p10-q200 and

  Use the sticky wage theory of aggregate supply

Use the sticky wage theory of aggregate supply to explain what will happen to output and the price level in the long run. What role does expected price level play in the adjustment?

  Experiencing lower average production costs

Initial economies of scale means that select one firms are experiencing lower average production costs due to a geographical concentration of firms in their industry that make it cheaper and easier to hire highly specialized worker and inputs firms w..

  Money creation and open market operations

Briefly explain in words how the “money multiplier” is supposed to work. As we discussed in class, the Fed has not used money supply targets as a basis for open market operations since the early 1980s. What does the Fed use as a target instead? What ..

  Pertinent institutional details and economic reasoning

Indicate whether each of the following statements is true or false and then explain why you think this. Include in your explanation any pertinent institutional details and economic reasoning (including appropriate graphs and equations). According to ..

  Individual benefit from strategies that raise marginal costs

Predatory pricing is easy to prove in a court of law. An incumbent firm may experience a learning curve that allows it to produce at a lower cost than a potential entrant. A firm receives no individual benefit from strategies that raise the marginal ..

  Describes the twelve federal reserve banks

Statements best describes the twelve Federal Reserve Banks - When the Federal Reserve buys U.S. government securities on the open market. this tends to bank reserves and the money supply

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd