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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
A university conducts a survey of students, which shows that a 10 percent tuition hike would lead to a 7 percent decrease in the enrollment. If the university wants to increase its total revenue, it should ________ tuition because the demand for education at this university is ________.
A) raise; elastic
B) not raise; elastic
C) raise; inelastic
D) not raise; inelastic
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Answer accepted by topic starter
MrDerecheMrDereche
wrote...
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Posts: 4095
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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