If Enrollment at Your School Increases Even Though Tuition Fees

question 123

Multiple Choice

If enrollment at your school increases even though tuition fees rise, it is likely that

• A) supply increased.
• B) supply decreased.
• C) demand increased.
• D) demand decreased.
• E) you go to a party school.

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Definitions:

Discontinued Operations

Components of a business, such as a department or segment, that have been disposed of or are designated for disposal.

Significant Component

A major part or element of a larger system that plays a critical role in the system's overall function or performance.

Liquidity Ratios

Measures of the short-term ability of the company to pay its maturing obligations and to meet unexpected needs for cash.

Short-Term Obligations

Financial liabilities that are due to be paid within one year.