Answer:
Adventure tourism is defined as the movement of the people from one to another place outside their comfort zone for exploration or travel to remote areas, exotic and possibly hostile areas. ... Adventure travel is a leisure activity that takes place in an unusual, exotic, remote or wilderness destination.
Explanation:
The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears is -0.8 and -2.3 respectively.
<h3>How to calculate price elasticity</h3>
Change in price of gummy bears = $2. 60 to $3
Elasticity of demand of sugar-free gummy bears =
[(273-379 / (273+379)/2] ÷ [(3.00-2.60)/(3.00+2.60) / 2]
= [-18/166] / [0.4/2.8]
= -0.10843373493975 / 0.14285714285714
= - 0.75903614457826
Approximately, -0.8
Elasticity of demand of regular gummy bears:
Sugar free = [(273-379) / (273+379)/2] ÷ (3.00 +2.60) / 2]
= [-106/326] / [0.4/2.8]
= -0.32515337423312 / 0.14285714285714
= -2.2760736196318
Approximately, -2.3
Learn more about price elasticity:
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Americans formally stated in the Declaration of Independence that the people have the right to abolish an abusive and unresponsive government.
The Declaration's fundamental principle was that all "men are born and remain free and equal in rights" (Article 1), which were defined as the rights to liberty, private property, person inviolability, and resistance to oppression (Article 2).
The Declaration of Independence was written so that the thirteen colonies could declare their independence from Britain.The Declaration of Independence's introductory sentence states the Declaration's main purpose, which is to explain the colonists' right to revolution. To put it another way, "to proclaim the reasons for their separation."
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Mad Cow disease has become word wide because people eat infected cows.
