The japapanese goverment accused the U.S. of war crimes
<u>Answer</u>:
Since the mid 1970s, the United States had a significant trade deficit.
<u>Explanation</u>:
The U.S had undergone a trade deficit since the 1970s. This has been contributed to the fact that they have been importing way more supplies and goods than the other countries were buying from the Americans. These imports have affected the native industries. Also, the demand for American products went down drastically and thus contributing to the deficit.
While Europe and Great Britain undertook industrialization in the 18th century, Americans started it in the 19th century-this delay resulted in the US depending upon imported goods and also in US struggling to meet Europe's levels of export.
It depends on if you think it matters. Prestige helps because prestigious schools tend to be very good. It also looks really good on your resume. However, some schools aren't very prestigious and are very good. Like I said, it really depends on if you care about it or not.
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.
