Answer:
Reuben, because banks usually offer higher interest rates on savings accounts than credit unions.
I believe it is B because for a monopoly it has no close substitute and is protected by a barrier that prevents other firms from selling that good or service
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.
Answer:
It became a world power.
Explanation:
As a result of Spanish-American war, United States came up victorious and obtain control over 3 important territories: Cuba, Puerto Rico, and Philippines.
All three resources possess natural resources that United States can use to enhance their economic productivity. On top of that , they serve as international base that help United States build relationship with other countries. Puerto Rico and Cuba helped US develop trade relationships with the people in Latin America and Philippines helped US develop the relationship with South Asian Countries.
The answer to this question is b