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Sliva [168]
4 years ago
9

Ceteris paribus, when the price of tuition increases, fewer people will choose to go to college. What do we mean by ceteris pari

bus in this statement?
a. We also assume fewer students are entering high-paying college majors
b. We know that college graduates are also currently earning lower wages
c. Fewer students attend college because classes are getting more difficult
d. All of the above
e. None of the above
Business
1 answer:
-Dominant- [34]4 years ago
8 0

Answer:

Option "D" is most suitable answer for the question.

Explanation:

Ceteris paribus involves keeping all other variables stable. So in our situation, because we recognize that a rise in tuition fees could result in fewer people deciding to join college, we believe that other causes that we don't realize might affect fewer people choosing to join university will stay.

Therefore Option "D" is the most suitable option for the above type of problem.

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What does it mean for a savings account to have a minimum balance?
Fittoniya [83]

Answer:

D

Explanation:

A savings account is an account owned by an individual at a bank. He keeps his money there, and earn interest at the end of the month for his savings.

A minimum balance is sometimes required by the banks for a savings account, customers are expected to keep such minimum balance always if not, the account will be closed down.

5 0
3 years ago
Is the type of competition that occurs in a competitive market without identical producers.
amm1812

Answer:

Monopolistic

Explanation:

The type of competition that occurs in a competitive market without identical producers is a monopolistic one.

8 0
3 years ago
When the craving for pizza increases, the ability to concentrate decreases?
Reptile [31]
Yes it always decreases 
3 0
4 years ago
Read 2 more answers
In cost-volume-profit analysis, the unit contribution margin is: Group of answer choices Sales price per unit less unit total co
Marrrta [24]

Answer:  Sales price per unit less total variable cost per unit.

Explanation:

Cost-volume-profit analysis works by dividing the expenses faced by a business in the production and/ or selling of goods into fixed and variable costs.

To calculate the contribution margin in such a scenario, the Total variable cost incurred per unit is deducted from the sales price per unit. From this figure, the fixed cost can then be subtracted to find the operating income per unit.

If one wants to find the breakeven volume, you can divide the Fixed assets by the Contribution margin.

4 0
3 years ago
Maria sees a leather coat in a department store and purchases it immediately even though it is expensive. Before purchasing, she
igomit [66]

Answer:

cognitive dissonance

Explanation:

Cognitive dissonance occurs when an individual pursues more than one contradictory value, idea, or belief. This leads to stress as the person is form between multiple choices.

For example a HR manager is responsible for staff welfare and also owes allegiance to the management. If management is carrying out a policy that has adverse effect on staff the HRanager will be torn between conflicting beliefs.

In this case although Maria purchased the coat at higher price she experiences tension because she would have purchased it at lower price somewhere else.

3 0
3 years ago
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