Would you expect the price elasticity of demand

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Would you expect the price elasticity of demand to be higher at the level of an individual school or at the aggregate level? Why?

Despite the empirical evidence to the contrary, college decision-makers often believe that their price elasticity of demand is essentially zero. Is that right?

How important were price considerations in making your college decision?

Would a change of a few thousand dollars have mattered?

Would you expect the price elasticity of demand to be higher for financial-aid students or for non-aid students? Why?

How does a student's income elasticity affect the demand for higher education at College?

Reference no: EM13152195

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