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
galina1969 [7]
3 years ago
5

Opera Estate Girls' School is considering increasing its tuition to raise revenue.

Business
1 answer:
saul85 [17]3 years ago
5 0

Answer:

3. inelastic. 

Explanation:

Demand is inelastic if a change in price leads to little or no change in the quantity demanded.

If tuition is increased in order to increase revenue, demand for the school has to be inelastic.

If demand is elastic , if tuition is increased, the number of students enrolled in the school would drop and revenue would fall.

I hope my answer helps you

You might be interested in
Speedy Package is California's largest express transportation company. In addition to the largest fleet of all-cargo aircraft in
tia_tia [17]

Answer:

Date    General Journal                         Debit       Credit

            Cash                                         $15,400

            Accumulated Depreciation    $39,600

                    Equipment - Delivery truck              $55,000

           (Assuming the truck was sold for $15,400 cash)

            Cash                                         $16,500

            Accumulated Depreciation     $39,600

                     Gain on sale                                      $1,100

                     Equipment - Delivery truck              $55,000

            (Assuming the truck was sold for $16,500 cash)

            Cash                                          $12,700

            Accumulated Depreciation      $39,600

            Loss on sale                              $2,700

                      Equipment - Delivery truck               $55,000

             (Assuming the truck was sold for $12,700 cash)

4 0
2 years ago
What is an investment report that is given to potential investors called?
Bas_tet [7]
A prospectus is given to potential investors.
4 0
3 years ago
Read 2 more answers
Physical capital differs from raw materials in the sense that raw materials A. have a longer useful life in production B. are co
Komok [63]

Answer:

D. are used up in production

Explanation:

Raw materials can be seen as the "ingredients" required to produce a good and, thus, are consumable (used up in production). Physical capital refers to lasting goods that are assist the production process like buildings or machinery and are not consumable.

4 0
3 years ago
In each of the following situations, state whether the bonds will sell at a premium or discount. Required a. Valley issued $300,
IrinaK [193]

Answer:

a. Premium

b. Discount

c. Discount

Explanation:

a. Valley issued $300,000 of bonds with a stated interest rate of 7 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 7% - 6% = 1% premium

Therefore, Valley's bond will sell at a premium.

b. Spring issued $220,000 of bonds with a stated interest rate of 5 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount

Therefore, Spring's bond will sell at a discount.

c. River Inc. issued $150,000 of callable bonds with a stated interest rate of 5 percent. The bonds were callable at 102. At the date of issue, the market rate of interest was 6 percent for similar investments.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount

Therefore, River Inc.'s bond will sell at a discount.

3 0
3 years ago
econd Street, Inc. has 7 units in ending merchandise inventory on December 31. The units were purchased in November for $180 eac
jarptica [38.1K]

Answer:

D

Explanation:

The cost of goods sold would increase by $2

6 0
3 years ago
Read 2 more answers
Other questions:
  • Sheffield Corp. sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has vari
    15·1 answer
  • What are ethics? how would they apply to business and technology?
    11·1 answer
  • A publicly owned corporation is a company whose shares are held by the investing public, which may include other corporations as
    14·1 answer
  • One of the primary values of convertible debt is that it is attractive to investors because:_______.
    11·1 answer
  • Mark the boxes that are TRUE. 1. One of the largest divestitures in American history occurred when the U.S. Government ruled tha
    12·1 answer
  • What are the features of burton biscuits
    6·1 answer
  • Blue Sky Company’s 12/31 balance sheet reports assets of $65,893 and liabilities of $28,686. All of Blue Sky’s assets’ book valu
    13·1 answer
  • Nash Corporation had income from continuing operations of $10,813,600 in 2020. During 2020, it disposed of its restaurant divisi
    6·1 answer
  • Why is it important that ""links live forever"" when designing an internet-based electronic commerce system?
    15·1 answer
  • A site has a total of 110 acres. however, 17 acres is in a protected wetland area and 11 acres is encumbered by a utility easeme
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!