Answer: (A) inelastic
Explanation: In inelastic demand it states that by increasing the cost price it will create a proportionality in the total revenue ,that is revenue will also increase.In this case the demand of the buyer does not change, only the cost changes and the consumer will keep on buying the goods even after change in price.
Opera Estate Girls' School is also using this technique to increase the revenue,by increasing the tuition.Thus the correct option is option (A).
Answer:
1. fixed and indirect
2. variable and direct
3. variable and direct
4. fixed and indirect
5. fixed and indirect
6. variable and direct
Explanation:
<u>Fixed and variable costs</u>
A fixed cost is expected to be constant for a short term period whilst a variable cost is expected to vary in direct proportion to the number of units produced in this case it is the individual classes.
Depreciation expense on classroom building and on computers is a fixed cost that is expected to remain constant and the instructor wage varies with the number of classes thus a variable cost.
<u>Direct and Indirect costs</u>
A direct cost can be directly traced to the cost object by observation whist the indirect cost can not be directly traced on a cost object.
The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.
Answer:
B. a high degree of centrality
Explanation:
According to the model of power, there are four contingencies of power which are; <u>centrality</u> ,substitutability, visibility and discretion and each may be high or low within the organization, depending on the scenario.
Centrality refers to <u>how dependent others are, on the person or group holding power, and to what extent the actions of those holding power can affect the people depending on them.</u>
The higher the number of people dependent on the power holder, the higher the degree of centrality.
Therefore, my team has a high degree of centrality because the work of several other teams are dependent on my team's performance.
A) Accounting profits dont take implicit costs into account, only "real" or quantifiable costs.
Thus the present value of a 120,000 lease at 5% for three years with explicit costs of $40,000 maintenance is:
PV = [ FV/(1+r)^n ] - (Explicit Cost)
PV = 120000/(1.05^3) - (40000*3)
B) same thing but add implicit costs ...
PV = 120000/(1.05^3) - (40000*3) - (55000*3)
<span>If airlines are going to mine data from a captive audience several thousand feet in the air then they need to make a bigger deal of noting it. Much like the safety demonstration, before take off they should include a brief statement and have a Q & A sheet in the seat back. In this day and age protecting personal information is a touchy subject and not everyone is aware of that. You would think with the negative press for airlines these days and the huge debacles of cyber attacks and information leaks that airlines would be a bit more transparent on this practice.</span>
