Examlex

Solved

A Local Community College Charges Lower Tuition Fees to Local

question 215

Essay

A local community college charges lower tuition fees to local town residents than to nonresidents.This pricing strategy increases the profits of the community college.Using this information, we can conclude that nonresidents must have a for attending the
community college than residents.
A.less price-elastic demand
B.greater demand
C.lower demand
D.more price-elastic demand


Definitions:

Chemoreceptors

Sensory receptor cells that respond to chemical stimuli from the environment or the bloodstream.

Nociceptors

Sensory receptors that respond to potentially damaging stimuli by sending signals to the brain, which results in the perception of pain.

Proprioceptors

Sensory receptors found in muscles, tendons, and joints that provide information about body position and movement.

Mechanoreceptors

Sensory receptors in the body that respond to mechanical pressure or distortion.

Related Questions