Social Studies, 23.09.2019 19:00 Zykuko
Arecent study at a liberal arts college concluded that demand elasticity is 0.91 for college courses. the administration is considering a tuition increase to balance the budget. an economist might advise the school to: a. decrease tuition in order to increase revenue by boosting enrollment b. increase tuition in order to increase revenue c. leave tuition unchanged as a change in tuition is unlikely to enhance the school budget by increasing revenue d. decrease tuition because demand for courses is elastic
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Arecent study at a liberal arts college concluded that demand elasticity is 0.91 for college courses...
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