This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the university administration plans to hike tuition charges in the hope of increasing tuition ... (Read 228 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
If the university administration plans to hike tuition charges in the hope of increasing tuition revenues, we know
 
  A) they are assuming an elastic demand.
  B) they are assuming an inelastic demand.
  C) they cannot succeed because of the law of demand.
  D) they must be running in the red.
  E) they will only succeed if more students can be enrolled at no cost.

Question 2

If the sellers of a good are taxed for each unit sold, ________.
 
  A) the price that buyers need to pay falls
  B) a larger quantity of the good is sold
  C) the price that sellers receive increases
  D) a smaller quantity of the good is sold


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


codyclark

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 29, 2018
Thank you :)


ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Adult stem cells offer hope for cell therapy to treat diseases in the future Adult stem cells offer hope for cell therapy to treat diseases in the future
In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i In 2010 protesters in Washington, D.C., demanded that the Obama administration support liberalized i
Summary of Drug Action: Common Routes of Administration Summary of Drug Action: Common Routes of Administration
Ophthalmic drug administration Ophthalmic drug administration
Introducing Public Administration, 8/E Introducing Public Administration, 8/E
Chemistry is very interesting to me. I hope one I can pursue an online Bachelor of Science in Chemi Chemistry is very interesting to me. I hope one I can pursue an online Bachelor of Science in Chemi
Video: Cellular Respiration & Glucose Mobilization (Glucose transport & Phosphorylation of Glucose)

For a complete list of videos, visit our video library