1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kykrilka [37]
3 years ago
11

There are two universities, A and B, in a city. Tuition rises at University A and, as a result, the demand for attending Univers

ity B rises. It follows that educational services at the two universities are
Business
1 answer:
LenaWriter [7]3 years ago
4 0

Answer:

Substitutes

Explanation:

The education services at the two universities are substitutes to each other. The cross price elasticity of substitute goods is positive which indicates that as the price of one good increases then as a result the demand for other good increases and if the price of one good decreases then as a result the demand for other good decreases.

Now, if there is an increase in the tuition fees at University A, hence, this will increase the price of educational services at University A. Therefore, this will lead to an increase in the demand for educational services at University B.

You might be interested in
________ development is a joint approach among those who seek economic growth with "wise resource management, equitable distribu
Mnenie [13.5K]

Answer:

<u>Sustainable</u>

Explanation:

Sustainable development in simple terms refers to the development which can be sustained or carried forward for a long period of time.

It refers to satisfying and meeting the needs of the current generation without jeopardizing the needs and resource availability for the future generations.

Economic development refers to the rise in per capita income while sustainable development incorporates economic as well as human development.

Such development aims at judicious usage of resources , equitable distribution of resources and reduction in wastage.

7 0
3 years ago
Which of the
Over [174]

Answer:

B...................................

7 0
1 year ago
Read 2 more answers
The principle of diminishing returns to capital states that if the amount of labor and other inputs employed is held constant, t
Arturiano [62]

Answer:

B) the less an additional unit of capital adds to production

Explanation:

The diminishing return state that if everything else is held constant, each additional unit will increase production by a fewer amount than previous one. That's because the same amount of resource can only use efficiently a certain amount of capital then there is a loss in this good use and therefore, the output do not increase at the same rate as we add up capital.

A person can do a good use of several type of tool for building a house but I can only use one or two at the time

Adding more tools can increase productivity but in the end there is only one person working.

4 0
3 years ago
The type of unemployment associated with recessions is called:
kherson [118]

Answer:

cyclical unemployment

5 0
3 years ago
Peter heads the communications department of Xenon Inc. He shows concern for the personal needs of his followers and helps them
Vitek1552 [10]

Answer:

a supportive leader

Explanation:

A supportive leader is a leader who is able to identify changes and assistance that are needed to promote the well-being of his team members and timely resolve all unnecessary issues with the aim of delivering a high standard of performance.

A supportive leader is usually kind, friendly, and concerned about the personal needs and welfare of his followers. He also leaves his door open to be approached by many people for advice and help, and also inspires them perform tasks assigned to them with enthusiasm.

Therefore, Peter's behavior implies that he is most likely <u>a supportive leader</u>.

5 0
2 years ago
Other questions:
  • Best Rate Inc., an insurance company, has seen considerable growth in its telephone-based direct sales division. The management
    14·1 answer
  • Since he started at american eyeful pictures, inc., david has worked in japan, china, and thailand. the company has probably set
    9·1 answer
  • Land-based forces gravitate toward a control mindset endemic of a higher headquarters model. this demonstrates which key element
    7·1 answer
  • Chow is unmotivated, feels worthless, sleeps all the time, and does not get out of bed for days at a time. he has not been to wo
    15·1 answer
  • Legal fees paid in connection with the purchase of land are $1,500. select between asset or expense (b) Eduardo, Inc. paves the
    9·2 answers
  • To be liable on a negotiable instrument, a person must:
    9·1 answer
  • What is the primary difference between a static budget and a flexible budget? Select one: a. The static budget contains only fix
    12·2 answers
  • Which of the following occurs when a 2-for-1 stock split is declared?A) The balance in Common Stock remains the same.B) The bala
    5·1 answer
  • Harriet recently moved to a posh neighborhood. She buys an expensive car and starts wearing designer clothes so that she fits in
    5·1 answer
  • Technology has made it possible for software to replace that
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!