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Discussion Question 1 - Supply

Explain the Delphi system for estimating demand. Under what circumstances would you use this method? What are its advantages? Disadvantages?

Discussion Question 2 - Delphi System

Explain the Delphi system for estimating demand. Under what circumstances would you use this method? What are its advantages? Disadvantages?

What are the four (4) major components of supply? Give an example of each and briefly explain how each can influence an area's attractiveness. Can supply components influence demand? Explain the impact this has on tourism.

Discussion Question 2 - Future Demand

How is the decision on number of hotel rooms to provide in an area in the future calculated? For an individual hotel proposal? What factors must be considered?

Discussion Question 3 - Tourism Demand

List five (5) measures of tourism demand. Which is best for whom? (Consider the public, politicians, hotel manager, park manager, airport manager, port manager, and restaurateur.)

Discussion Question 4 - Linear and Multiple Regression

Describe the difference between a simple linear regression and a multiple regression. How are these used? How reliable? What makes for a higher degree of reliability? Why?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91784449

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