You have been hired by nobody state university nsu as a

Assignment Help Macroeconomics

Reference no: EM13377340

You have been hired by Nobody State University (NSU) as 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.

Reference no: EM13377340

Questions Cloud

17 assume a certain firm in a competitive market is : 17. assume a certain firm in a competitive market is producing q 1000 units of output. at q 1000 the firms marginal

Suppose the economy were very strong and unemployment very : suppose the economy were very strong and unemployment very low. wages after inflation rise for most americans by about

There are 20 million households in country x and 4 million : there are 20 million households in country x and 4 million of them are below the poverty line. what is the poverty

12 mrs smith is operating a firm in a competitive market : 12. mrs. smith is operating a firm in a competitive market. the market price is 6.50. at her profit-maximizing level of

You have been hired by nobody state university nsu as a : you have been hired by nobody state university nsu as a consultant to help the university with how to increase their

A paper mill is considering two types of pollution control : a paper mill is considering two types of pollution control equipment.neutralization -initial cost 700000annual chemical

1a cut in government spending a decrease in income abroad : 1a cut in government spending a decrease in income abroad an increase in taxes or an expectation that future consumer

1 a bank can lend out its excess reserves but not its : 1 a bank can lend out its excess reserves but not its required reserves.a trueb false2 a bank creates money when ita

Hurricane delayed the cash inflows that the managers of : hurricane delayed the cash inflows that the managers of firm metro expected from a project that being built and

User Account

All Pages