What would you suggest the university do to expand revenue

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Reference no: EM131918579

Assignment Instructions

Raise or Lower Tuition?

Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition. Will this necessarily result in more revenue? Under what conditions will revenue (a) rise, (b) fall, or (c) remain the same? Explain this process, 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, what would you suggest the university do to expand revenue? If you were the president of NSU, how would you tackle this problem based on what you have learned in this course?

The Raise or Lower Tuition paper

- Must be three to five double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center (Links to an external site.)Links to an external site.

- Must include a separate title page with the following:
?Title of paper
?Student's name
?Course name and number
?Instructor's name
?Date submitted

- Must use at least two scholarly sources from the Ashford University Library in addition to the course text.

?The Scholarly, Peer Reviewed, and Other Credible Sources (Links to an external site.)Links to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.

- Must document all sources in APA style as outlined in the Ashford Writing Center.

- Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing Center.

Amacher, R., & Pate, J. (2013). Microeconomics principles and policies.

Verified Expert

This assignment was about revenue and its components. It was asked to explain that how if one of the parameter changes the total revenue can increase or decrease depending on the other variable. Here tuition fee was raised. It will impact enrollment also. We had to write down conditions when the revenue will increase, decrease or will remain same. The same explanation was to be given in terms of elasticity. Then a particular elasticity was given and we had to comment about revenue. Then you had to give suggestion that what happens if you are the President of the university.

Reference no: EM131918579

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