What you would suggest the university do to expand revenue

Assignment Help Microeconomics
Reference no: EM13764838

A consultant to help the university with how to increase their total revenue. The university has been struggling in recent years, so they have hired you to help them in their last attempt to find an appropriate solution so that the university can survive.

Raise or Lower Tuition? Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition.

  • Assess a raise in tuition and if it will necessarily result in more revenue.
  • Describe the conditions under which revenue will (a) rise, (b) fall, or (c) remain the same.
  • Explain the process of revenue at NSU, 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), discuss what you would suggest the university do to expand revenue.
  • Using what you have learned in this course, explain how you would resolve this problem if you were the President of NSU.

In a three- to five-page paper (not including title and reference pages), provide subheadings or separate paragraphs for each of the questions listed to help focus your paper for the executives that have requested it.

Reference no: EM13764838

Questions Cloud

Legal and ethical issues of patient care : Health Law and Ethics - Legal and Ethical Issues of Patient Care, What are the implications and effect of tough ethical beginning-of-life and end-of-life decisions
What did you learn about people who are deaf in relationship : What did you learn about people who are deaf in relationship to what you have been learning about culture? How has this information expanded your idea of culture?
Explain how you will follow-up with employees : Explain how you will follow-up with employees involved in the breach. Recommend changes to ensure data security and privacy compliance under HIPAA (1996)
Write an sql statement to list lastname : Write an SQL statement to list LastName, FirstName, and Phone of the customers who made the purchase with SaleIDs 1, 2, and 3. Use a subquery.
What you would suggest the university do to expand revenue : Assess a raise in tuition and if it will necessarily result in more revenue - Describe the conditions under which revenue will (a) rise, (b) fall, or (c) remain the same.
Describe the business environment in the industry : Describe the business environment in the industry, and the business strategy chosen by your company and the competitor. Consider the degree of competition from existing competitors, potential entrants and substitute products.
Tcp/ip protocol : After reviewing the concepts, pictorially model the TCP/IP protocol against the 7-layer OSI model. In your depiction, include the common protocol sections that fit in the various levels.
Summarize at two points that enhanced your understanding : Review this section of the chapter and then summarize at least two points that enhanced your understanding of child development related to this issue.
Differences between lan and wan : What are the predominant network operating systems in use today? What are the differences between LAN and WAN operating systems?

Reviews

Write a Review

Microeconomics Questions & Answers

  Calculate the historical average return

2)BASIC STOCK ANALYSIS a) For each stock calculate the historical average return, the volatility, both on a daily base and annualized, and the correlation amongst the four stocks. Explain how you calculate them. b) What is your first assessmen..

  Efficiency and equity discussion

A competitive market is intended to result in improved efficiency, though it will not necessarily improve equity. That is, a competitive market might encourage efficient production but may not necessarily result in a redistribution of wealth

  Determine the profit maximizing quantity

Choose an existing good or service from Will Bury's Price Elasticity, Incremental expenses, or Thomas Money Service Corporation scenarios, or choose an existing business with which you are familiar.

  Determine under what circumstance design a will be preferred

Consider the following two alternative designs. Design A has an initial cost of $300,000 and net annual revenues of $55,000; Design B had an initial investment of $450,000 and net annual revenues of $80,000. A 10% MARR was used over the 10-year pl..

  Assume that water utility has simple volumetric pricing

suppose that a water utility has a simple volumetric pricing structure and charges 800af for water service-a price that

  Explain what monetary policy actions you would recommend to

economic fluctuations a significant scare a decade ago related to the change of the millennium y2k. one worry the

  How to formulate an effective mission statement

A business plan is a written summary of an entrepreneur's proposed venture, its operational and financial details, its marketing opportunities and strategy, and its managers' skills and abilities.The most effective way to communicate the values of ..

  Determine how many golf carts you need

What has happened to the level of desired consumption and why? Be sure to refer to the substitution effect in your answer! Be specific with numbers

  The delphi method used for forecasting

The Delphi method used for forecasting: Obtains forecasts through a comparative analysis with a previous situation. Uses measures that are believed to influence the behavior of a variable that the researcher wishes to forecast.

  Analyze monopoly after the tax

A profit-maximizing monopoly faces an inverse demand function described by the equation p(y) = 50 - y and its total costs are c(y) = 10y, where prices and costs are measured in dollars.

  Recommend the major components that government must

imagine that the government has applied a cap-and-trade policy to auto emissions. from the e-activity propose the key

  Calculate the price elasticity of supply for copper

Suppose the current price of copper is $3 per pound and the quantity supplied is 200 pounds per day. If the price of copper falls to $2.50 per pound, the quantity supplied drops to 180 pounds per day. Use the midpoint formula to calculate the price e..

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