Sensing resistance to idea of raising tuition from members

Assignment Help Business Economics
Reference no: EM13852014

(A) St. Joseph's school has 1,200 students, each of whom currently pays $8,000 per year to attend. In addition to revenues from tuition, the school receives an appropriation from the church to sustain its activities. The budget for the upcoming year is $15million, and the church appropriation will be $4.8 million

(B) Sensing resistance to the idea of raising tuition from members of St. Joseph's Church, one of the board members suggested that the 960 children of church members could pay $8,000 as usual. Children of nonmembers would pay more

1. Refer to problem (A) and (B). A board member believes that if church members pay $8,000 in tuition, the most St. Joseph's can increase non-member tuition is $1,000 per year. She suggests that another solution might be to cap nonmember tuition at $9,000 and attempt to recruit more nonmember students to make up the shortfall. Under this plan, how many new non-member students will need to be recruited?

Reference no: EM13852014

Questions Cloud

What are the firms total abatement costs : A firm emits 30 tons of a pollutant, before the government begins to regulate it. The firm’s marginal abatement cost curve is given by: MAC = 10*A (A = “tons of abatement”) The government issues an NPDES permit authorizing exactly 20 tons of emission..
Review parties who contributed to his ability to commit acts : Describe a reason why someone who has been entrusted with the firm's assets would commit a fraudulent act against the company.
Considering the addition of new tax on rms : Suppose the government of Washington is considering the addition of a new tax on rms. You have been called in to provide expert analysis on how such a tax would eect employment of labor. A tax on every hour an employee works (e.g., \X" cents per hour..
Etr&d journal article by clark : Read the ETR&D journal article by Clark and the following summary:  http://www.ucs.mun.ca/~bmann/0_ARTICLES/Media_Clark.html. Was/Is he correct
Sensing resistance to idea of raising tuition from members : St. Joseph's school has 1,200 students, each of whom currently pays $8,000 per year to attend. In addition to revenues from tuition, the school receives an appropriation from the church to sustain its activities. Sensing resistance to the idea of rai..
What is the total annual cost of the present ordering policy : What is the total annual cost of the present ordering policy for part number 650810/ss/R9/o? What would be the lot size for part number 650810/ss/R9/o if FabQual were to use an economic order quantity (EOQ)?
Evaluate the level of system security : Suggest three to four ways in which organizational performance may be improved when information is properly managed within a business system. Provide support for your rationale - Evaluate the level of system security (i.e., high, medium, low) neede..
Square root nyquist : Then is pulse p(t) Nyquist at rate 1/T? Is p(t) square root Nyquist at 1/T? (i.e. |P(f)|^2 is Nyquist at rate 1/T)
Calculate the combinational : 1. Calculate the combinational 0-controllability,1-controllability and observability measures for all signals (inputs, outputs, or internal nodes) in a 4-bit ripple-carry adder (RCA).An Example RCA Is shown below:

Reviews

Write a Review

Business Economics Questions & Answers

  Trade some of those noodles to italy in exchange for wine

In which of the following cases should the United States produce more noodles than it wants for its own use and trade some of those noodles to Italy in exchange for wine.

  Find outing relate to economists traditional focus

Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.

  Connection between customer satisfaction-customer loyalty

What does the latest research say about the connection between customer satisfaction and customer loyalty? Do an Internet search of this topic and find specific statistics.

  Financial consulting firm

Sally quit her job as a CFO where she was earning $50,000 per year to start her own financial consulting firm. She converts a building that she owns, which was previously rented for $12,000 per year, into an office.

  Long-run benefits of running firm in perfect competition

What are the characteristics of perfect competition? Why does this type of fast-food restaurant tend to display characteristics of perfect competition? Imagine you are running a firm with the characteristics of a perfectly competitive firm. Describe ..

  Two nations is that the production possibilities curves

A basic assumption for comparing the straight-line production possibilities curves for two nations is that the production possibilities curves reflect.

  Make apple pie at a lower opportunity cost

Joe can make apple pie at a lower opportunity cost than Sandy but Sandy can make more apple pies per day than Joe. This means that

  Business-industry implications of civic responsibility

What knowledge, skills, attitudes, and behaviors should an effective citizen have? Explain the connections you see among service, civic responsibility, and business? What are the business/industry implications of civic responsibility?

  Write an international business and business related issue

Focus and write an International Business and Business Related Issue related for an International Business, Country or a commodity. A international proposal paper or business plan is also required.

  Why it is important that prices are flexible in our economy

Explain in detail why it is important that prices are flexible in our economy? What are the implications if the government started to control prices for products, how would this influence buying?

  Graph for a profit-maximizing monopolist

Refer to the above graph for a profit-maximizing monopolist. At equilibrium, the firm will be earning:

  Develop strategies for entering the target market

Describe the specific target market - Develop strategies for entering the target market

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd