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]
2 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]2 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
supply chain management: group of answer choices is based on the concept of just-in-time focuses on removing scheduling bottlene
Zarrin [17]

Just-in-time manufacturing is the foundation of supply chain management.

<h3>Describe the meaning of supply chain management?</h3>

It is possible to describe supply chain management as the effective and efficient management of the flow of goods and services as well as all industrial processes involved in converting raw materials into completed items that satisfy consumers' unquenchable want and demand.

In general, supply chain management includes all of the tasks involved in organising, carrying out, and delivering finished products and services from producers to customers. Through the use of an effective inventory system, it is a management framework that is focused on reducing production costs while boosting efficiency between suppliers and customers.

To know more about supply chain management visit:

brainly.com/question/12277905

#SPJ1

7 0
1 year ago
Predicting what types of bicycles different customers will want and deciding which of these customers the business will try to s
Eva8 [605]

The correct alternative is letter c. marketing. Predicting what types of bicycles different customers will want and deciding which of those customers the company will try to satisfy are activities that a company must do as part of marketing.

<h3 /><h3>What is marketing?</h3>

It corresponds to a set of techniques and strategies developed by a company whose main objective is to create value for its consumers through communication, organizational image, products and services, establishing relationships that increase competitiveness and profitability in the active market.

Therefore, marketing helps in forecasting trends that satisfy the needs and wants of your consumer, as well as predicting the types of bicycles that customers will want as exemplified in the statement.

Find out more about marketing here:

brainly.com/question/25754149

#SPJ1

5 0
1 year ago
Mutual funds offer small investors an opportunity to diversify their investments.
Firdavs [7]
A. True the answer is not false
3 0
3 years ago
Read 2 more answers
Which of the following statements is NOT CORRECT? a. Free cash flows are assumed to grow at a constant rate beyond a specified d
Sveta_85 [38]

Answer:

the free cash flow valuation model can be used to find the value of a division

3 0
3 years ago
Gravity location models in supply chain meaning ?
Andru [333]

Answer:

Gravity models are used to find location that minimizes the cost of transporting raw material from the supplier and finished goods to the markets served. This model also assumes that the transportation cost grows linearly with the quantity shipped.

Explanation:

hope it will helpful

good morning ❤️

4 0
2 years ago
Other questions:
  • On January 1, Year 1, Duffy Enterprises issued $100,000 in bonds that mature in 10 years. The bonds were issue at face value. Th
    9·1 answer
  • The balance sheet below reflects Zee Bank after its purchase of $50 million in government securities from the Fed. Assume a requ
    12·1 answer
  • Light emitting diodes (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typica
    15·1 answer
  • Find the future value of a five-year $113,000 investment that pays 10.00 percent and that has the following compounding periods:
    7·1 answer
  • An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large fir
    9·1 answer
  • Business application software programs make it possible to:
    7·1 answer
  • What is marketing mix definition
    15·1 answer
  • Gerken Company concluded at the beginning of 2021 that the company's ownership interest in DillCo had increased to the point tha
    12·1 answer
  • Because stocks rely on dividends as the principal source of cash flow, ascertaining stock prices is an easier and more precise p
    15·1 answer
  • The cost of equity is ________. the interest associated with debt the rate of return required by investors to incentivize them t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!