Explain The price elasticity of the demand for tourism it means foreign people travelling to those countries or price elasticity of the demand of citizens of those countries to travel?

1-Could you please explain The price elasticity of the demand for tourism it means foreign people travelling to those countries or price elasticity of the demand of citizens of those countries to travel?
2- do we need to explain in depth why those countries have such elasticity?

Response:
This refers to demand for tourism in that specific country. It includes the demand for all tourism activities in that country. It also includes domestic tourists in that country. We not referring to the demand for international tourism of people belonging to that country.
So, If the price elasticity of tourism in France is –0.53 that is the number that French tourism businesses will be looking at. It is not the number that foreign tourism businesses associate with French travellers.
You could. But I am more interested in what this means for business.

Assessment 1 Portfolio 2: Case Study Report (2,500 words) Due: Week 7, November 14, Saturday 11:59pm
This assessment is a 2,500 words essay (10% flexibility either way) covering the concepts of price elasticity of demand and pricing. The assessment contains five questions, they are:
(a) Why do businesses need to understand the price elasticity of demand for the goods they sell? Explain using anecdotal examples from the hospitality industry.
(b) Interpret the elasticity data in the following table:
Average price elasticity of demand for tourism by destination and purpose
Source: Konovalova and Vidishcheva (2013).
Created: January 2014?Modifed: April 2015 Version: 1 Review Date: July 2015 Page 1 of 5
Countries
Purpose of travel

France     Germany     Spain     Netherlands     Ireland     Italy     USA     Holidays     Business     VFR

-0.53     -0.33     -1.38     -0.61     -1.86     0.49     -0.42     -1.23     0.18     -0.93

This online version is a controlled document. Any printed versions are considered uncontrolled versions of the document.

**Reference in APA Style:

Konovalova, A. &Vidishcheva, E. (2013). Elasticity of demand in tourism and hospitality. European Journal of Economic Studies, 4(2), 84-89.

(c) Why do Governments need to understand the price elasticity of demand of goods that they provide to the public and also of the goods that businesses sell to consumers?
(d) The Government may levy taxes on either the producers or the consumers. Some analysts argue that taxes are invariably paid by the consumer because even when levied on the producer, this is passed on to the consumer by way of higher prices. Explain. In your view, does this argument apply in case of i) business travellers, ii) Lesiuretravellers.
Your report should consist of an introduction (wherein you will discuss what you are presenting in the report), followed by five distinct sections each covering, sequentially, the four questions above and a conclusion. You should also include a page listing the references.
Submission guidelines
•    Typed in format specified (refer to CALS) and to be submitted in electronic form as a word-processed file to www.turnitin.com on Saturday of Week 7 before 11:59pm. ?
•    Please note that plagiarism is a serious academic offence. Please refer to CALS for a ?better understanding on how plagiarism is detected and prevented. ?
•    Professional layout and presentation, concise, informative and correctly referenced. ?Graphs and colour can assist in summarising key points in your report. ?
•    You must work on the assignment questions progressively each week – which will prevent you from rushing at the end. Remember your quiz is in week 6 and this ?assessment is due in week 7. ?
•    Answers must be complete, addressing the specific tasks nominated in the questions. ?
•    Where a question has more than one part, so too should the answers. Ensure ?complete coverage. ?
•    To grade your understanding of concepts, I need to understand what you have ?written. So, it is absolutely critical that your assignment is written in clear English and is free of grammatical errors. If I do not understand what you have written, I cannot award marks. ?
•    Include a school assessment cover sheet clearly documenting your student id. ?
•    DO NOT submit the marking guide with your paper. ?
•    Complete and attach a plagiarism form. ?
•    Diagrams must be drawn properly, correctly labeled and the relations they depict ?explained. ?
•    Photocopied and scanned graphs/data from books, articles or websites are not ?acceptable – such a practice will be penalized with a 0 being awarded. ?
•    Besides the textbook, you should also refer to a few other academic books, journal ?articles and relevant websites in answering these questions. ?Created: January 2014?Modifed: April 2015 Version: 1 Review Date: July 2015 Page 2 of 5 ?

This online version is a controlled document. Any printed versions are considered uncontrolled versions of the document.

•?You must refer, in text, to a minimum of 8 journal articles, plus others as required, in order to show competency in the assessment. Failure to meet this standard will result in a fail grade for this assessment. DO NOT ask me if this is negotiable, it is not at all negotiable. DO NOT refer Wikipedia or econhelp type websites or lecture notes of this unit or anyone other unit. You have textbooks for basic concepts and journal articles for advanced material. I can see no reason for referencing low level material.

Explain The price elasticity of the demand for tourism it means foreign people travelling to those countries or price elasticity of the demand of citizens of those countries to travel?

1-Could you please explain The price elasticity of the demand for tourism it means foreign people travelling to those countries or price elasticity of the demand of citizens of those countries to travel?
2- do we need to explain in depth why those countries have such elasticity?

Response:
This refers to demand for tourism in that specific country. It includes the demand for all tourism activities in that country. It also includes domestic tourists in that country. We not referring to the demand for international tourism of people belonging to that country.
So, If the price elasticity of tourism in France is –0.53 that is the number that French tourism businesses will be looking at. It is not the number that foreign tourism businesses associate with French travellers.
You could. But I am more interested in what this means for business.

Assessment 1 Portfolio 2: Case Study Report (2,500 words) Due: Week 7, November 14, Saturday 11:59pm
This assessment is a 2,500 words essay (10% flexibility either way) covering the concepts of price elasticity of demand and pricing. The assessment contains five questions, they are:
(a) Why do businesses need to understand the price elasticity of demand for the goods they sell? Explain using anecdotal examples from the hospitality industry.
(b) Interpret the elasticity data in the following table:
Average price elasticity of demand for tourism by destination and purpose
Source: Konovalova and Vidishcheva (2013).
Created: January 2014?Modifed: April 2015 Version: 1 Review Date: July 2015 Page 1 of 5
Countries
Purpose of travel

France     Germany     Spain     Netherlands     Ireland     Italy     USA     Holidays     Business     VFR

-0.53     -0.33     -1.38     -0.61     -1.86     0.49     -0.42     -1.23     0.18     -0.93

This online version is a controlled document. Any printed versions are considered uncontrolled versions of the document.

**Reference in APA Style:

Konovalova, A. &Vidishcheva, E. (2013). Elasticity of demand in tourism and hospitality. European Journal of Economic Studies, 4(2), 84-89.

(c) Why do Governments need to understand the price elasticity of demand of goods that they provide to the public and also of the goods that businesses sell to consumers?
(d) The Government may levy taxes on either the producers or the consumers. Some analysts argue that taxes are invariably paid by the consumer because even when levied on the producer, this is passed on to the consumer by way of higher prices. Explain. In your view, does this argument apply in case of i) business travellers, ii) Lesiuretravellers.
Your report should consist of an introduction (wherein you will discuss what you are presenting in the report), followed by five distinct sections each covering, sequentially, the four questions above and a conclusion. You should also include a page listing the references.
Submission guidelines
•    Typed in format specified (refer to CALS) and to be submitted in electronic form as a word-processed file to www.turnitin.com on Saturday of Week 7 before 11:59pm. ?
•    Please note that plagiarism is a serious academic offence. Please refer to CALS for a ?better understanding on how plagiarism is detected and prevented. ?
•    Professional layout and presentation, concise, informative and correctly referenced. ?Graphs and colour can assist in summarising key points in your report. ?
•    You must work on the assignment questions progressively each week – which will prevent you from rushing at the end. Remember your quiz is in week 6 and this ?assessment is due in week 7. ?
•    Answers must be complete, addressing the specific tasks nominated in the questions. ?
•    Where a question has more than one part, so too should the answers. Ensure ?complete coverage. ?
•    To grade your understanding of concepts, I need to understand what you have ?written. So, it is absolutely critical that your assignment is written in clear English and is free of grammatical errors. If I do not understand what you have written, I cannot award marks. ?
•    Include a school assessment cover sheet clearly documenting your student id. ?
•    DO NOT submit the marking guide with your paper. ?
•    Complete and attach a plagiarism form. ?
•    Diagrams must be drawn properly, correctly labeled and the relations they depict ?explained. ?
•    Photocopied and scanned graphs/data from books, articles or websites are not ?acceptable – such a practice will be penalized with a 0 being awarded. ?
•    Besides the textbook, you should also refer to a few other academic books, journal ?articles and relevant websites in answering these questions. ?Created: January 2014?Modifed: April 2015 Version: 1 Review Date: July 2015 Page 2 of 5 ?

This online version is a controlled document. Any printed versions are considered uncontrolled versions of the document.

•?You must refer, in text, to a minimum of 8 journal articles, plus others as required, in order to show competency in the assessment. Failure to meet this standard will result in a fail grade for this assessment. DO NOT ask me if this is negotiable, it is not at all negotiable. DO NOT refer Wikipedia or econhelp type websites or lecture notes of this unit or anyone other unit. You have textbooks for basic concepts and journal articles for advanced material. I can see no reason for referencing low level material.