subject
Business, 25.10.2019 20:43 LeoValdez5782

Aprivate university charges the same tuition for both in-state and out-of-state students, and it notices that in-state and out-of-state students seem to respond differently to tuition changes. the quantity demanded for in-state and out-of-state students at different tuition levels is provided below. tuition quantity demanded (in-state applicants) quantity demanded (out-of-state applicants) $10,000 6,000 12,000 $15,000 5,000 9,000 $20,000 4,000 6,000 $30,000 3,000 3,000 as the price of tuition rises from $2 to $3, the price elasticity of demand for tuition for out-of-state applicants is elastic than it is for in-state applicants. what is the in-state elasticity and the out-of-state elasticity? give your answer to two decimals.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 05:00, jason9394
Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.
Answers: 3
image
Business, 22.06.2019 07:40, kanajahbunn
The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e. g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e. g. 2.25 and final answers to 0 decimal places, e. g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $
Answers: 1
image
Business, 22.06.2019 09:40, nessross1018
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
Answers: 1
image
Business, 22.06.2019 10:30, jeieiejej
Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is
Answers: 2
You know the right answer?
Aprivate university charges the same tuition for both in-state and out-of-state students, and it not...

Questions in other subjects:

Konu
Mathematics, 15.12.2020 20:00
Konu
Chemistry, 15.12.2020 20:00
Konu
Mathematics, 15.12.2020 20:00