If Stimpson University Increases Tuition in Order to Increase Its

question 197

Multiple Choice

If Stimpson University increases tuition in order to increase its revenue, it will:

• A) not be successful if the demand curve slopes downward.
• B) be successful if demand is elastic.
• C) be successful if demand is inelastic.
• D) be successful if supply is elastic.
• E) be successful if supply is inelastic.

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Definitions:

Electron Transport Chain

A series of complexes that transfer electrons from electron donors to electron acceptors via redox reactions, and couples this electron transfer with the transfer of protons (H+ ions) across a membrane.

Glycolysis

The metabolic pathway that breaks down glucose to pyruvate, generating energy and pyruvate molecules, occurring in the cytoplasm of cells.

Eukaryotes

Organisms whose cells contain a nucleus and other membrane-bound organelles, including animals, plants, fungi, and protists.

Phosphorylation

The introduction of a phosphate group into an organic molecule. See kinases.