Supply and Demand Xeco/212

Topics: Supply and demand, Elasticity, RMS Titanic Pages: 3 (795 words) Published: September 19, 2011
A+ paper

Supply and Demand
August 7, 2011
XECO/212 Principles of Economics
Adam Gifford
Axia College


In this paper I will be discussing the affects of supply and demand when traveling to Disney World! I have always wanted to go and have never been able to just take off and go. Now, I will explore the reason for value season, regular season, summer season, peak season and holiday season. In doing so I am hoping to understand when the best time for my husband and I to go there for a little pleasure. The children are all grown up now and I feel this would be a perfect get-a-way. When I discover the secrets to the supply and demand according to Disney World, then I will know what time of year I would get the most for my money and expectations (Intercot, 2011).

Supply and Demand

In determining the factors for supply and demand at Disney World we need to look within Disney World. There are several factors that come into play including school period. Upon investigating school periods you will find that the rates in the area around Orlando and within Disney World will have good hotel discounts—and comfortable weather. You might find reduced park hours, but that will be offset by reduced crowds and less waiting in lines. Unfortunately this is also the time of year when rides, attractions and some store are scheduled to be renovated. The changes for 2011 came with changes which completely restructured the fall seasons at most of the Disney Resorts. The problem with the restructuring of the fall seasons is that the Value Season is shrinking, and is now mostly only available during the first six weeks of the year; this will not include holiday weekends and Marathon weekend.

When you come to Disney World during the peak season you will find an array of events, longer hours, and night-time attractions. You pay more during this period because the demand for rooms to house tourists is also at its peak. You can ride all of the rides during the...
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