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.
<span>Believing that your group or culture is superior to all other groups or cultures is called ethnocentrism.</span>
It made people have many hardships and at the end of the Great Depression people grew more
Behaviors can be labeled as peculiar if they cause emotional distress.
Behavior is the ability and expressed capacity (mentally, bodily, and socially) of human individuals or companies to respond to inner and external stimuli for the duration of their life. conduct is driven by using genetic and environmental factors that have an effect on a man or woman.
A take look at human conduct has found out that 90% of the populace can be categorized into 4 primary character types: positive, Pessimistic, Trusting, and green with envy. there's no scarcity of concepts across the behavioral traits that permit people to achieve success in lifestyles. To me, there are some very basic behaviors (cost machine, paintings ethic, positivity, grit, kindness, generosity, gratitude for ourselves and others) that I accept as true with are fundamentals.
Learn more about Behavior here:brainly.com/question/1741474
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The nile river the gift of Egypt would be described as:-
Every year between June and September there would be a rainy season called Akhet- the inundation and would usually flood the river and Melting snow and heavy summer rain from the Ethiopian Mountains would come tormenting down to the river on the flat desert land. (Hope this helps).
