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A UR travel agent specialises in holidays to Spain, Greece and China. It estimates that it faces the following price ela
Posted: Sat Feb 19, 2022 2:41 pm
by answerhappygod
- A Ur Travel Agent Specialises In Holidays To Spain Greece And China It Estimates That It Faces The Following Price Ela 1 (203.43 KiB) Viewed 56 times
A UR travel agent specialises in holidays to Spain, Greece and China. It estimates that it faces the following price elasticities of demand for its holidays in these countries is shown in Table 1. a Discuss the Table 1 possible reasons Holiday PED why the PED may destination vary between the three holiday Spain -2.0 destinations. Greece -1.1 China -0.6 b: Explain what the travel agent should do in terms of its pricing strategy to increase the revenue of the business.