Get Smart University is contemplating an increase in tuition to enhance revenue. If GSU feels that raising tuition would enhance revenue, it isa. assuming that the demand for university education is elastic
b. assuming that the demand for university education is inelastic.
c. assuming that the supply of university education is elastic.
d. ignoring the law of demand.

Answers

Answer 1

Answer:

Answer:

Correct option is (b)

Explanation:

Price elasticity of demand is the law that states that proportion of percentage change in demand due to percentage change in price only and not any other factors. Demand is perfectly elastic if quantity demanded changes tremendously with change in price. Demand is inelastic if there is no change in quantity demanded with increase in price.

Here, Get smart university plans to increase tuition fees assuming that there will be no change in demand for the seats offered by the university due to increase in price. So, it assumes that demand is inelastic.

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Which of the following statements is false? a. The statement of cash flows shows how cash has been generated and how it has been used for an accounting period.
b. Firms only have financial difficulties when both the net income and cash flow from operations are negative.
c. The statement of cash flows is prepared by calculating changes in all balance sheet accounts.
d. Understanding how to prepare a statement of cash flows helps the analyst to better understand and analyze the cash flow statement.

Answers

Answer:

C. The statement of cash flows is prepared by calculating changes in all balance sheet accounts.

Explanation:

The net cash flow is a profitability measure that determines how much cash a business has generated in a particular year. The difference between cash inflow and cash outflow is the net cash flow. Net cash flow may also be described as the cash a business generates from its normal operations, less the operations and capital expenditures. Some financial statements will have net cash flow expressed at free cash flow.

Cash flow is a pointer of a company's financial strength. Positive cash flow provides the business with the ability to continue operating, develop new products, or extending into new areas. A company with positive cash flow is healthy and can meet its current liabilities.

What is the establishment of a 4 enterprise by someone who lives outside a country called

Answers

It's called a Foreign direct Investment

Most of the time Foreign Direct Investment made by individuals from a well developed country to business enterprises in a less developed country ( because they tend to have cheaper resources and cheaper workers)

Example of foreign direct investment is Japanese automobile's company investment to build their manufacturers in South East Asia

How does the expenditure approach calculate GDP?a. It adds up all the incomes in the economy.
b. It adds up the value of four groups of final goods and services.
c. It adds up the value of business goods and services.
d. It adds up the value of consumer goods and services

Answers

How does the expenditure approach calculate GDP?

b. It adds up the value of four groups of final goods and services.

The 4 groups are:
1) Consumption
2) Government spending
3) Investments
4) Net Exports

The correct answer is B. It adds up the value of our groups of finals goods and services

Over 75% of the revenue received by the federal government is from ____ and ____ taxes

Answers

Social security and individual income taxes

When revising a budget, it is important to make choices that allow you to continue
money.

Answers

When revising a budget it is important to make choices that allow you to continue Saving money.

What is a budget?

Budget is an estimate that is made in projection of a project or task.

It helps to estimate the propose amount of money to be spent on a project and expected revenue over the time given.

Therefore, when revising a budget it is important to make choices that allow you to continue Saving money.

Learn more about budget here,

brainly.com/question/13964173

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Answer:

saving

Explanation:

The positive effects of allowing employees to manage workflow is?

Answers

This allows workers to work with less pressure on their job assignments. It also helps them develop a sense of time management when doing their work. In some cases, it makes them more creative by giving them a free hand on their approach to doing their work.

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