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A travel agency enters into a contract with a hotel chain which gives it priority access to 25 percent of its rooms in major tourist destinations throughout the year. The contract encourages the hotel chain to increase the number of rooms in each of these hotels. The investment made by the hotel chain corresponds to which are the aspects of specificity?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9491971

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