The price elasticity of demand for pleasure travel (-1.9 ) and busines
The price elasticity of demand for pleasure travel (-1.9 ) and business travel (-0.8 ) suggests that air travel for pleasure is a luxury and air travel for business is a necessity.
Indicate whether the statement is true or false
ANSWER
TRUE
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.