Which of the following events would increase the demand for cruise vacations? The price of cruises falls The price fall would increase the quantity demanded of cruises but not increase the demand itself. The market would just move to a new price/quantity demanded combination on the same demand curve. The economy is slowing, unemployment increases and average income falls. The price of air travelling decreased significantly. The popularity of cruises rises after a successful marketing campaign.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 6P
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Which of the following events would increase the demand for cruise
vacations?
The price of cruises falls
The price fall would increase the quantity demanded of cruises but not increase
the demand itself. The market would just move to a new price/quantity demanded
combination on the same demand curve.
The economy is slowing, unemployment increases and average income falls.
The price of air travelling decreased significantly.
The popularity of cruises rises after a successful marketing campaign.
Transcribed Image Text:Which of the following events would increase the demand for cruise vacations? The price of cruises falls The price fall would increase the quantity demanded of cruises but not increase the demand itself. The market would just move to a new price/quantity demanded combination on the same demand curve. The economy is slowing, unemployment increases and average income falls. The price of air travelling decreased significantly. The popularity of cruises rises after a successful marketing campaign.
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