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.
Chile, Colombia, Panama, Ecuador, Bolivia, Paraguay, Uruguay, and Argentina are the territories that at one point or another had constituted the Viceroyalty of Peru.
This trade was not beneficial for both parties because:
A) Ryan lied about what he was giving to Ty.
Answer:
The correct answers is option A:
A). As sales have increased, the number of safety regulations have increased.
Explanation:
The paragraph does not mention anything about profits, nor customer satisfaction. Additionally the paragraph provided says exactly the same thing as the answer option A.
I believe your question does not include the paragraph which it talk about, or else it feels way too easy.
Answer:
I am honored to be the new administrator for this SAT. But it has come to my attention that there was cheating found in the last SAT. There will be changes and those will be as follows.
SAT papers will from now on be randomized. No one paper will be the same this will make it harder for students to copy answers from one another.
There will always be an extra teacher in a classroom. As distractions and blind spots from the teacher are a problem.
Students are not allowed to bring there own pencils. Only the #2 pencil bring by the teacher is allowed. Please note that if a student cannot hold a #2 properly they may be issued rubber sleeves to adjust the feel of the pencil.
An and all distractions may cause the test to be reset and students will take a different copy of the test. this is too anything as a student acting in a inappropriate manner to a ring of a cellphone. Any student tapping or making any "body signals" must be told to stop.
These rules will be placed indefinitely.
-Administrator
