Fill in the blank: Other things constant, the growing availability of college degrees being offered through online programs will tend to ________ the price elasticity of demand for more traditional college degree programs
A) leave unchanged
B) decrease
C) increase
D) alter for the better
C
You might also like to view...
A job leaver is an individual
A) in the labor force whose employment was involuntarily terminated. B) who used to work full time but left the labor force and has now reentered it looking for a job. C) in the labor force who quits voluntarily. D) who has never held a full-time job lasting two weeks or longer but is now seeking employment.
Which of the following is seen as a benefit to society in moving away from using checks to electronic banking?
a. processing checks is a capital-intensive process b. electronic banking is a labor-intensive process c. processing checks is less costly than electronic banking d. electronic banking is a more efficient process than check clearing
Answer the following statement true (T) or false (F)
1) A total fertility rate of approximately 1.0 will cause each generation to be half as large as the preceding generation. 2) Modernizing economies that have declining birthrates may still experience population growth because of rapidly declining death rates. 3) The demand for productive resources has grown faster than the supply of productive resources for the past 150 years. 4) The Economist's Commodity Price Index reveals that the supply of productive resources has increased faster than the demand for decades.
An increase in the income of consumers will cause the
A. supply of all goods to fall. B. the demand for some goods to rise and for others to fall. C. demand for all goods to rise. D. supply of all goods to rise.