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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

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Which situations offer examples of banking and related services workers? select three options. anna analyzes loan applicants to
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Examples of banking and related services workers are;

  • Anna analyzes loan....
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<h3 /><h3>What is banking?</h3>

Banking sweves as the business of protecting money for others, it involves lending if money and generating interest that creates profits .

Therefore, example of banking is when Aaron helps customers put money into and remove money from their accounts.

Learn more about banking at;

brainly.com/question/24792133

4 0
2 years ago
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A production possibilities curve represents
pychu [463]
A is the correct answer
8 0
2 years ago
Which of the following is likely to happen if the Fed buys Treasury securities from banks?a. interest rate rises; investment fal
gayaneshka [121]

Answer: c. interest rate falls; investment rises

Explanation:

The Fed buying treasury securities from banks is an expansionary policy when the government wants to increase the money in circulation and increase economic growth.

When the Fed buys Treasury securities from banks, this will lead to availability of funds as prices will be pushed higher and there will be a reduction in the interest rate.

Since there is reduction in interest rate, investment will increase as investors will borrow from banks.

5 0
3 years ago
When Patrick was talking with his customer about the new accounting system, his customer mentioned that she thought the new syst
cupoosta [38]

Answer:

The question lacks answers:

<em>a. overcoming reservations </em>

<em>b. generating and qualifying leads </em>

<em>c. the presentation </em>

<em>d. the preapproach </em>

<em>e. follow-up</em>

The answer is: a. overcoming reservations

The answer can be formulated as - handling objections

Explanation:

The sales presentation process usually follows the sequence:

<em>generating and qualifying leads  -> the preapproach  -> the presentation  -> overcoming reservations  -> closing -> follow-up</em>

The part of overcoming reservations is one of the most critical parts of the sales process, as it includes the addressing of the potential concerns a lead may have. This is the part when most salespeople end the whole process, as they are mostly not prepared to argument their sales pitch.

In this example, Patrick is confident and persistent in his efforts to emphasize the benefits of the system, even though the client expressed some concern about it. Patrick successfully overcame the client's reservations by explaining the benefits further.

6 0
3 years ago
Fortune Company had sales during July 20X3 of $29,000. During the month, the company had purchases of $17,000. At July 1, 20X3,
mart [117]

Answer:

$4,100

Explanation:

In this question ,we apply the income statement equation

Opening stock + Purchase + Gross profit = Sales + Closing stock

$4,500 + $17,000 + $11,600 = $29,000 + Closing stock

$33,100 = $29,000 + Closing stock

So, the closing stock would be

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The gross profit is computed below:

= Sales × gross profit percentage

= $29,000 × 40%

= $11,600

6 0
3 years ago
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