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.
Answer:
It brings people of different ethnic backgrounds together under a common faith. It demonstrates sacrifice and dedication to one’s faith.
It brings people of diverse economic backgrounds together under a common faith.
Hajj is the 5th Pillar of Islam which requires Muslims to pilgrimage to Mecca during the last month of the year at least once in their lifetime. This pilgrimage requires all Muslims despite country of origin, economic status, ethnicity, and race to come together in prayer and reflection. Hajj unites Muslims through religion.
The intolerable acts were one of the biggest causes of the American Revolution, if they had not been passed there is a good chance America would not have revolted against the British, or at least would not have done it when they did. Colonial times specifically would most likely not have had the turmoil of the Revolutionary War and all that went with it.
Answer:
D
Explanation:
it seems like it has a good meaning to it
