Marginal cost of admitting

Assignment Help Accounting Basics
Reference no: EM131024773

Assume that the marginal cost of admitting one more student is constant for every university. Also assume that at every university, the demand for places in the freshman class is downward sloping. Now, suppose that the public becomes upset that universities charge different prices to different students. Responding to these concerns, the federal government requires universities to charge the same price to each student. In this situation, who will gain, and who will lose?

Reference no: EM131024773

Questions Cloud

Define and discuss group polarization : What is the most important thing you think the attorney needs to know about group dynamics - Define and discuss group polarization, groupthink, and social influence?
Price discriminate in situation : How is the company able to price discriminate in this situation? Why would the company sell the pads for dogs at a higher price than the pads for people?
Form of price discrimination : Is the use of loyalty cards that provide the same price discounts for every shopper who uses them a form of price discrimination? Briefly explain.
Willingness to pay of florida residents : What is Disney assuming about the willingness to pay of Florida residents? Why might it make this assumption? How might Disney keep Florida residents from buying Walt Disney World tickets at discounted prices and reselling them to non-Florida reside..
Marginal cost of admitting : Assume that the marginal cost of admitting one more student is constant for every university. Also assume that at every university, the demand for places in the freshman class is downward sloping.
What is equilibrium interest rate and quantity of investment : Using the information below, graph the market for loanable funds. Measure the X-axis in millions of dollars of investment. What is the equilibrium interest rate and quantity of investment in this market
What is the only sequence of seven weights to fit : The mean weight was 150 grams, and the mode weight was 110 grams. What is the only sequence of seven weights to fit this description?
Identify expansion opportunities available to health care : Interpret the importance of continually pursuing opportunities for growth within the health care marketplace, and identify expansion opportunities available to health care institutions.
Discussion on the macrumors blog : In addition to discounting the price of computers purchased by students and faculty, Apple sells certain computer models only to schools and universities. According to a discussion on the MacRumors blog:

Reviews

Write a Review

Accounting Basics Questions & Answers

  Unusual or conflicting accounting principle

Selecting a for-profit organization of interest, you will research an unusual or conflicting accounting principle that has impacted your chosen organization. The research will require you to present, review and analyze the organizations published ..

  The bronco corporation exchanged land for equipment

What is the fair value of the equipment? Prepare the journal entry to record the exchange.

  Joint cost allocation

Elsie Dairy Products Corp. buys one input, full-cream milk, and refines it in a churning process. Allocate the $31,680 joint cost to the spreadable butter and the buttermilk using the following (show work):

  Describe the misbehaviors by sunshine staff?

Describe the misbehaviors by Sunshine staff?

  Private message to instructor tab

What steps would you take to post a private message to your instructor in New Classroom?

  What would have been the present value of the cash flows if

1.the following data have been gathered for a capital investment decision.cash inflowsyear 150000year 260000year

  What fund should the occupancy tax be accounted for?

A city is about to construct a new sports arena. It will use a Capital Projects Fund to account for the accumulation of resources to build the arena. The city council has passed a law calling for a special hotel motel occupancy tax to pay the debt..

  Accounts payable accounts receivable cash inventory and

selected account balances for hulse company at january 1 2014 are presented below.accounts payable14000accounts

  Computing budgeted profit at the expected volume

Compute the budgeted profit at the expected volume of 600.000 units under both the old and the new product. Compute the budgeted break-even points under both the old and the new production

  It is connected by a light inextensible string which

a box mass m1 kg lies on a smooth horizontal table. it is connected by a light inextensible string which passes over a

  Why would superior carpet cleaning accept credit cards

Why would Superior Carpet Cleaning accept credit cards instead of providing credit directly to its customers?

  Explain the basic characteristics of bonds

Although all bonds have some common characteristics, they do not always have the same contractual features. For example, most corporate bonds have provisions for early repayment (call features), but these provisions can be quite different for diff..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd