Explain how many of you will transfer to another university

Assignment Help Business Economics

Reference no: EM1351487

A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his students, "Due to the increase in tuition, how many of you will transfer to another university?" One student out of about 300 said that he or she would transfer. Based on this information, the price elasticity of demand for education at this university is:

Reference no: EM1351487

Questions Cloud

Relationship between futures and spot prices : The transaction designed to exploit mis-pricing in the relationship between futures and spot prices - cost of carry consists of all the except

Early adolescence stage of development : For this discussion, you will be asked to observe someone who is in the early adolescence stage of development.

Explain a grocery chain is interested in exploring : Explain A grocery chain is interested in exploring the impact effective supply chain management would have

Pseudocode or code for simple task : Then post pseudocode or code you would write for simple task (making peanut butter sandwich, for example) as well as three simple control structures that could be used to create this algorithm

Explain how many of you will transfer to another university : A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his students, "Due to the increase in tuition, how many of you will transfer to another university.

What is the smallest angle of incidence respect to mirror : A 60 kg woman stands on a very light, rigid board that rests on the bathroom scale at each end. She is 1.5m away from one side and 0.5 m from the other.

Kohlberg-three levels and six stages : Using Kohlberg's Three Levels and Six Stages describe and analyze the changes in emotional and moral development as we age from early childhood to middle and late childhood.

Calculate the value of a bond : Determine the value of a $1,000 bond which has ten years until maturity and pays quarterly interest at an annual coupon rate of 12%. The required return on similar-risk bonds is 20 percent.

Explain what channels of distribution would you employ : Explain what channels of distribution would you employ for the following products and why? What would you expect from your channel partners? A) fruit cups and B) pianos

User Account

All Pages