Asked by Misti Graham on Jul 06, 2024
Verified
Hamish and Grace MacDonald have been investigating the cost of a holiday in Britain. From their home in Welland, Ontario, it is equally inconvenient to fly out of Toronto or Buffalo, New York. On the Internet, they have found that they can fly Buffalo-London return on American Airlines for US$656 each, rent a hotel room in London for two people for one night at a cost of £87, and join Jolly Tours the next day for a two-week all-inclusive coach tour at a cost of £1,150 per person. Alternatively, the MacDonalds can purchase an all-inclusive package (including a similar coach tour) from a local travel agent for C$3,595 per person. Which alternative is cheaper? How much cheaper is it in C$ for two people?
All-Inclusive Package
A package deal, often offered by resorts and tour operators, that includes all related costs like accommodation, meals, and services in one price.
Travel Agent
A professional who arranges travel plans and accommodations for clients.
American Airlines
A major American airline headquartered in Fort Worth, Texas, known for its extensive domestic and international network.
- Analyze cost-benefit scenarios involving international travel expenditures.
Verified Answer
BG
Learning Objectives
- Analyze cost-benefit scenarios involving international travel expenditures.