Answer:
Explanation:
If the museum is running short of funds, and you decide to increase revenue. An increase or decrease in the price of admission into the museum depends on the following:
1. If demand for admission into the museum is elastic there are two possible outcomes
a. An increase in the price of admission leads to a decrease in the quantity demand of admission into the museum
b. A decrease in price of admission into the museum leads to an increase in the quantity demand of admission into the museum.
This follows the law of demand which states that "the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded".
2. If the demand for admission into the museum is inelastic, then an increase in price will lead to an increase in revenue of the museum.
Therefore, before the curator increase the price of admission into the museum, he should first determine the price elasticity of demand of the museum.
A boy eat a energy of a sandwich to run a race because when they eat a sandwich it helps them to help it mid workout and real nutritions of NYC and bring extra fuel and eating the right thing
I hope this help
Answer:
A. Bow
Explanation:
Registration number is an evidence or authentication of registration of a vessel or vehicle. This number is very important when an emergency occurs and there is a need to trace the vessel to the owner. And this should be displayed on a vertical surface or a surface where easy view is achievable.
So it is recommended that registration numbers be displayed on the bow of the vessel. The number should be displayed in such a way that it could be read from left to right.