Most significant costs for for-profit colleges

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1. Identify three of the most significant costs for for-profit colleges and discuss (in the short run) how the magnitude of each cost type affects (i) profits, (ii) equilibrium enrollment and (iii) for-profit colleges’ decisions about whether to enter or exit the market.

2. Discuss how reduced availability of financial aid dollars would affect marginal cost of for-profit colleges, marginal revenue and equilibrium quantity (i.e. enrollment).

Reference no: EM131097935

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