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Nonamiya [84]
2 years ago
12

A recent study at a liberal arts college concluded that demand elasticity is 0.91 for college courses. The administration is con

sidering a tuition increase to help balance the budget. An economist might advise the school to: A. decrease tuition in order to increase revenue by boosting enrollment B. increase tuition in order to increase revenue C. leave tuition unchanged as a change in tuition is unlikely to enhance the school budget by increasing revenue D. decrease tuition because demand for courses is elastic
Social Studies
1 answer:
Anarel [89]2 years ago
7 0

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.

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Answer:

The answer is - Becomes less dissatisfied and his or her motivation is unaffected

Explanation:

According to Fredrick Herzberg performance, recognition, job status, responsibility and opportunities for growth fall under Motivators or Satisfiers. While Hygiene factors or Dissatisfiers are about salary, secondary working conditions, the relationship with colleagues, physical work place and the relationship between supervisor and employee.

According to his research, he concluded that taking away the dissatisfaction factor does not necessarily mean that employees will be satisfied and to motivate a team using motivation factors the hygiene factors need to be taken care of first. Motivating a team means working on things that bother them and things that they complain about.

Taking away or reducing dissatisfaction does not also guarantee that their motivation will increase. However, when dissatisfaction is taken away then the organisation can focus on motivating employees effectively.

Therefore, an improved salary and working condition will decrease dissatisfaction but the employees motivation will still be unaffected.

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Lev, an agent for Mill Grains LLC, executes an unauthorized contract with National Grocers Inc. The deal is highly advantageous
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c. valid

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The correct answer is letter D.

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Explain which type of service delivery model this scenario represents.
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senkiu for puntos

Explanation:

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As explained in your textbook, if your specific purpose statement were "To inform my audience about the major features of four A
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This question is missing the options. I've found the complete question online. It is as follows.

If your specific purpose statement were "to inform my audience about the major features of four american quilt patterns" you would probably organize your speech in __________ order.

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The best answer is letter E. topical.

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There are several possible ways to organize and structure your speech. Each way can work as a strength or a weakness when it comes to achieving your purpose with that speech. If you wish to inform your audience on a topic that can be further subdivided into other topics for better appreciation, demonstration, or explanation, you should use topical order then. In the case we're studying here, you want to inform your audience about major features of American quilt patterns. That is your topic. Suppose there are four major features. Those are your subtopics. You can dedicate some time of your speech to each of them and wrap up by returning to the original overall topic.

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