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Author Question: The university you attend needs to increase total revenue. The vice-chancellor suggests that by ... (Read 33 times)

Coya19@aol.com

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on: May 25, 2020
The university you attend needs to increase total revenue. The vice-chancellor suggests that by raising tuition fees by 5%, total revenue will increase. However, after the tuition fee increase, total revenue actually falls. What can you infer about the price elasticity of demand for an education at your university? Why is this likely to be true? What did your university vice-chancellor assume to be true about the price elasticity of demand for an education at your university?
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by Coya19@aol.com on May 25, 2020

ktidd

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Coya19@aol.com

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Reply 2 on: May 25, 2020
:D TYSM

milbourne11

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Reply 3 on: Yesterday
Excellent

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