Question

34: If the factor prices and factor quantities move in
the same direction, we have
A decreasing cost industry
A constant cost industry
An increasing cost industry
Inadequate data to tell precisely what will happen​

Answer 1

Answer:

Essentially, the tourism industry is concerned with people travelling for business or pleasure purposes, staying in their destination for at least one night, and then returning. By contrast, the travel industry has a wider scope, covering more travel purposes and durations.

Explanation:

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