Answer:
B. increase tuition in order to increase revenue
Explanation:
Price elasticity of demand is a concept that seeks to measure the sensitivity of demand to the price of a good or service. Thus, if demand is elastic, it means that even small variations in price have a strong impact on demand. Conversely, if demand is inelastic, variations in the price of the good will not greatly affect demand, meaning consumers will continue to demand that particular good or service. The calculation of the price elasticity of demand consists in the division between the variation of the quantity demanded by the variation in the price practiced. If the result is greater than 1, demand is considered elastic (price sensitive). Conversely, if elasticity is less than 1, demand is considered inelastic (little price sensitive). If elasticity equals one, then the change in demand is exactly the same as the price change.
In the case of this faculty, the demand for courses is 0,91, so it's less than 1, therefore inelastic demand. This way, the college can maximize its revenue by increasing the tuition fee.
Answer:
- Citizens can fight for special causes they like, vote, and stay active in discussions
- People can select issues that mean the most to them and band with others who care, too (BLM, Civil Rights Movement, Women Suffrage Movement)
- History is filled with citizens who made a difference in how things are run.
(maybe): - Sometimes, courts hear casing involving citizens and end up changing laws.
Explanation:
Answer:
▪confict is the main cause of social.
➢ conflicts are fights which happen between people. ... when conflicts are created there are chances of it going further which creates <u>social violence and disturbs the community</u>. in this process, many people join the cause and this creates social violence.
#CarryOnLearning
The correct answer is "deciding what will be funded and what will be cut."
What does it mean to make "difficult choices" when creating a federal budget?
The correct answer is: "deciding what will be funded and what will be cut."
The main job of the Office of Management and Budget is to create the federal budget based on the needs of various agencies.
The Office of Management and Budget (OMB) supports the President of the United States when elaboration on the annual budget for government agencies. This office prepares the budget, elaborates the regulatory policies of the executive agencies, coordinates with the legislative branch because Congress has to approve the budget, and oversees all the processes.
For this office, it is always a difficult moment when they have to decide what will be funded and what will be cut, depending on the different necessities.
