Get Smart University Is Contemplating an Increase in Tuition to Enhance

question 143

Multiple Choice

Get Smart University is contemplating an increase in tuition to enhance revenue.If GSU feels that raising tuition would enhance revenue,it is

• A)ignoring the law of demand.
• B)assuming that the demand for university education is elastic.
• C)assuming that the demand for university education is inelastic.
• D)assuming that the supply of university education is elastic.

---

Definitions:

Total Row

A feature in spreadsheet applications that automatically calculates and displays a total, average, or other aggregate function for data in a column.

Contact Type Column

A column in a database or spreadsheet specifically designated for categorizing contacts based on criteria such as personal, business, etc.

Input Message

A feature in software applications that allows users to enter data or information, which can then be processed or stored by the application.

Table Alert

A notification or warning that is triggered based on specific conditions or criteria within a table.