Answer:
0.85
Explanation:
Given that
Dropped percentage of tuition and fees = 14%
Enrollment fall from 8,400 to 7,400
So, the cross elasticity between the two schools is
= Percentage change in quantity demanded of one good ÷ Percentage change in price of another good
where,
Percentage change in quantity demanded of one good equals to
= ($7,400 - $8,400) ÷ ($8,400)
= -11.9%
And, the percentage change in price of another good is -14%
So, the cross elasticity is
= -11.9% ÷ -14%
= 0.85
Answer:
Bob’s ad will appear if search terms contain at least all three of the keywords or variations of those terms.
Explanation:
Bob’s ad will appear if search terms contain at least all three of the keywords or variations of those terms.: Adding a + sign in front of a keyword turns it into a broad match modifier. This prompts your ads to appear only if the keyword or its close variations are in any part of the search terms.
If Bob uses the broad match modifier keywords “television,” “accessible,” and “voice.” His ads will appear for people searching for any combination of these terms in a search (and possibly including additional terms). However, the ads won’t appear if any one of these keywords aren’t in the search term.
Answer:
Option B is correct
The maximum price to be paid is = $64000
Explanation:
To determine the the maximum price we would compute using the relevant costs of internal production.
<em>The maximum price to be paid to external supplier should be the total relevant costs associated with internal production.</em>
Total relevant cost of internal production = 34,000 + 15,000 +9000 + 6000
The maximum price to be paid is = $64000
Note that the fixed overhead of $6000 is associated with the internal production the balance of 4,000 is irrelevant and would be incurred either way.
