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Hello! My name is Leena. I'm a parent and would like to enroll my child for guitar lessons online one to one sessions. The child is 8 years old and is a beginner with a very basic knowledge of guitar. What are the fees for this monthly

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Hello! My name is Leena. I'm a parent and would like to enroll my child for guitar lessons online one to one sessions. The child is 8 years old and is a beginner with a very basic knowledge of guitar. What are the fees for this monthly

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Hello Leena! It's great to hear that your child is interested in learning guitar. However, as a study assistant, I don't have the specific information about the fees for online one-to-one guitar lessons. The cost can vary widely depending on the platform, the teacher's experience, and the length and frequency of the lessons. I would recommend researching various online music lesson platforms, reading reviews, and perhaps trying out a few trial lessons to see which one would be the best fit for your child. Don't hesitate to negotiate the price or ask for a discount, especially if you're planning on long-term lessons.

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Kids sells academic books and online access to worked examples and activities for most school subjects.  During November 2020, Bayview School signed a contracted with Smart Kids and ordered academic books and a one-year online access to worked examples and activities for the 2021 academic year.  The contract price amounted to $100,000.The stand-alone selling prices for similar customers online is $80,000 for books and $40,000 for online access to worked examples and activities for a year.Smart Kids delivered the books on 1 December 2020.  And the online access has been activated for all Bayview school computers on 1 January 2021.Bayview School paid the full contract price on 20 December 2020.Bayview School uses the balance sheet approach for recording deferrals.Ignore GST.Required:If Smart Kids’ balance date is 30 June 2021, what is the adjusting journal entry to be recorded on 30 June 2021?Question 7Answera.DR Revenue received in advance – Books $66,667 and DR Revenue received in advance – Online access $16,667; and CR Revenue $83,334b.DR Revenue received in advance – Online access $33,333; and CR Revenue – Online access $33,333c.DR Revenue received in advance – Books $66,667 and DR Revenue received in advance – Online access $33,333; and CR Revenue $100,000d.DR Revenue received in advance – Online access $16,667; and CR Revenue – Online access $16,667

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Renee wants to start offering online music lessons and needs to decide how much to charge for a one hour session in order to compete effectively with in-person music lessons. Based on Renee's understanding of the total market for online and in-person music lessons, she predicts that at a price of $40 per session, demand for her online lessons would be 20% of the total market, while at a price of $60 per lesson, demand would be 5% of the total market. It cannot be assumed that the demand curve is linear. Calculate the midpoint price elasticity of demand for online music lessons. Round your answer to the nearest two decimal places, giving a positive value for elasticity.

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