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ECO 224 WEEK 2 RAISE IN TUITION

Question # 00023923
Subject: Economics
Due on: 12/31/2015
Posted On: 08/23/2014 05:56 AM

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You have been hired by Nobody State University (NSU) as a consultant to help the university with how to increase their total revenue. The university has been struggling in recent years, so they have hired you to help them in their last attempt to find an appropriate solution so that the university can survive.

Raise or Lower Tuition? Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition.

•Assess a raise in tuition and if it will necessarily result in more revenue.

•Describe the conditions under which revenue will (a) rise, (b) fall, or (c) remain the same.

•Explain the process of revenue at NSU, focusing on the relationship between the increased revenue from students enrolling at NSU despite the higher tuition and the lost revenue from possible lower enrollment.

•If the true price elasticity were (-1.2), discuss what you would suggest the university do to expand revenue.

•Using what you have learned in this course, explain how you would resolve this problem if you were the President of NSU.

In a three- to five-page paper (not including title and reference pages), provide subheadings or separate paragraphs for each of the questions listed to help focus your paper for the executives that have requested it. Support your paper with at least two academic sources from the Ashford Library.

You are required to format you paper according to APA style guidelines.

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ECO 224 WEEK 2 RAISE IN TUITION (A++++ SOLUTION)

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Posted On: 08/23/2014 05:56 AM
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Tutorial Preview …study xx a xxxxxx educational institution xxx try to xxxx in x xxxxx that xx worth paying xxx The significant xxxxxx…
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ECO_224_Week_2.docx (24.81 KB)
Preview: in xxxxxxx and xx it will xxxxxxxxxxx result in xxxx revenue xxxxx xxxx been x number of xxxxxx regarding the xxxxxx in xxxxxxxx xxx if xxx institution has xx collect extra xxxx revenue xxxx xxx tuition xxxx the students xxxx then it xxxxx become x xxx problem xxxx this school xx other schools xxxx contribute xx xxxxx to xxxx the tuition xxxx falling or xxxxxx (M xxxxxx xxxxx A xxxxxxx 2002) If xxx tuition is x right xx xxxxx for xxxxxxxx who be xxxxxxxx then the xxxx that xxxxxxxxx xxx something xxxx it wouldn’t xx the same xxx significant xxxxx xxxx is xxxx we required xx find a xxxxxx to xxxxx xxx revenue xx order to xxxxxx that the xxx income xxxxxxxx xxx that xxx students who xxx passing to xxxx a xxxx xxxxxxxxx The xxxxxx of state xxxxxxx for compensation xxxxxxx educational xxxxxxxxxxxx xxx example: xxxxx the 1970’s, xxxxxxx administrators and xxxxx policymakers xxxx xxxxxx to xxxxxxxx a means xx compensate the xxxxxxxxxxxxx between xxxxxxx xxxxxxxx and xxxxxxx expenditures” (M xxxxxx & A xxxxxxx 2002) xxxxxxxx xxx conditions xxxxx which will xx ) rise, xx ) xxxxx xx (c x remain the xxxx I think xxxx under xxx xxxxxxxxxxxxxx it xxxx either carry xx to fall, xxxxx or xxxxxx xxx same xxxxxxx of the xxxxxxxxxxxx and policies xx tuition xxxxx xxxxxxx by xxx NSU is xxxxxxxxxx for students xx follow xx xxx revenue xxxxxxxxxx it would xx admittance to xxx of xxxxxxxx xx campus xxxx are building xxxxxxxx grades But xxxx the xxxxxxx xxxxxx then xxxxxxxx students will xx no education xxxxxxx they xxxx xx discover xxxx quality paying xxx in order xx pay xxx xxxxxxx pay xx loans for xxxxx document, accessories xxx books xxxx xxx school xxxxxxxxx face If xxx tuition continue xx same, xxxxxxxx xx all xxxxxxxx will have xxxxxx to enough xxxxxx stipends, xx xxxx vouchers xx buy whatever xxxx required No xxx State xxxxxxxxxx xxxxxxxx that xxx students make xx average of x 0.....
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