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What is Demand and Supply Factors in Tourism Analysis about?
This document contains workshop questions for a student about factors that can cause shifts in demand and supply for goods and services in the tourism and hospitality sector. For demand, the factors listed are: income, price of substitutes, quality/value perceptions, tastes/fashions, and consumer confidence. For supply, the factors are: prices of other goods a firm could produce, costs of production, technology, and taxes/subsidies. The student also summarizes an article stating that while tourism surged, h
- Author
- Amber Yang
- Language
- EN