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Brrunno [24]
2 years ago
8

How can prices and elasticity cause colleges and universities to offer financial aid to low-income students?

Business
1 answer:
evablogger [386]2 years ago
5 0

The elasticity of demand for college and university education is elastic. Thus, if the price of education is high, low-income students would decide not to get education. In order to incentivise low-income students, schools offer financial aid.

<h3>What does the elasticity of demand mean?</h3>

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

To learn more about price elasticity of demand, please check: brainly.com/question/18850846

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Haulsee Inc. pays no dividend currently but is expected to start paying a small dividend next year. The 5-year-old firm has a be
wlad13 [49]

Answer:

17.10%

Explanation:

The computation of the cost of equity is shown below:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 6.10% + 1.25 × 8.8%

= 6.10% + 11%

= 17.10%

The  (Market rate of return - Risk-free rate of return)  is also known as market risk premium and the same is applied.

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
The _____ section of the business plan tells the reader what the organization is committed to doing.
Andru [333]
Accounts department
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Thomas purchased 200 shares of stock A for ​$23 a share and sold them more than a year later for $ 19 per share. Be purchased 60
Delicious77 [7]

Answer:

Capital gain tax = $1,540.

Explanation:

As per the data given in the question,

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Profit = (selling price - purchasing price) × units

= ($19 - $23) × 200

= -$800

For stocks of B  

Profit = ($57-$41) × 600

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Total profit = profit for stock A + profit for stock B  

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Therefore, capital gain for both year = $8,800

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Capital gain tax = Capital gain × Tax rate

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So, Capital gain tax = $3,080 ÷ 2 = $1,540.

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