A University Conducts a Survey of Students, Which Shows That

question 387

Multiple Choice

A university conducts a survey of students, which shows that a 10 percent tuition hike would lead to a 7 percent decrease in the enrollment. If the university wants to increase its total revenue, it should ________ tuition because the demand for education at this university is ________.

• A) raise; elastic
• B) not raise; elastic
• C) raise; inelastic
• D) not raise; inelastic

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Definitions:

Time-Out

A disciplinary technique used to correct behavior by temporarily separating an individual from an environment where undesirable behavior has occurred.

Subliminally Flashed

Presentation of stimuli below the threshold of conscious perception, used to influence thoughts, feelings, or actions without awareness.

Sense The Presence

The feeling or perception that someone or something is in a certain place without any direct sensory evidence.

Instinctive Behavior

Actions or reactions that an organism is genetically predisposed to perform without the necessity of learning or experience.