Via Rail Canada Charges Lower Fares to Students Than to Its

question 261

Multiple Choice

Via Rail Canada charges lower fares to students than to its other passengers.This pricing strategy increases Via Rail Canada's profits.From this information,we can conclude that students must have a _____ demand for Via Rail Canada train service than do other passengers.

• A) more price-elastic
• B) lower
• C) greater
• D) less price-elastic

Apply knowledge of tax (GST and PST) calculations in financial contexts.

Calculate mill rates and understand their impact on property taxes.

Determine weighted average shares and understand its relevance in financial decisions.

Apply percentage calculations in practical financial contexts.

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Definitions:

Secondary Appraisal

An evaluation of one’s coping resources and options for dealing with stress.

Coping Resources

Various strategies, mechanisms, or means a person utilizes to handle stress, difficulties, or trauma.

Coping Strategies

Methods or techniques used by individuals to manage stress, confront challenges, or adjust to demanding situations.

Subjective

Based on or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.