A Recently-Accredited College of Business Discovers It Is in Dire

question 24

Multiple Choice

A recently-accredited College of Business discovers it is in dire financial trouble and wants to examine demand for services and costs to provide them next year.Market conditions may become more favorable,resulting in a 10% increase in enrollment,with a probability of 0.5,stay the same,with a probability of 0.3,or become less favorable,with a probability of 0.2 and a decrease in enrollment of 10%.There is a 0.9 probability that their costs to provide services will rise by 5% and a 0.1 probability that their costs will be the same.This year,they charge each of their 2000 students $3000 to take a full course load and spend $1500 on each student.
-What is the revenue for the college if it experiences an increase in enrollment and an increase in their cost to provide services?

• A)$4,000,000
• B)$4,400,000
• C)$5,465,000
• D)$6,600,000

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Definitions:

Exception Questions

Questions asked within therapy to help clients identify times when the problem did not occur, suggesting alternative patterns or solutions.

Scaffolding

Scaffolding is an educational approach that involves providing support to students or individuals as they learn new concepts, gradually removing the support as they become more proficient.

Action Plans

Detailed strategies or steps designed to achieve specific goals or outcomes.

Not-knowing

A stance in therapy where the therapist adopts a position of openness and curiosity, avoiding assumptions about the client's experience, to better explore and understand the client's perspective.