Business, 14.03.2020 00:19 piggygirl211

A college raises its annual tuition by 25%, and its student enrollment falls by 3.5%. Compute the price elasticity of demand. Is demand elastic or inelastic? Will TR increase, decrease, or remain the same? ED = nothing (round at 2 decimal places). What are the units for elasticity? A. $ B. qty C. elasticity does not have a unit; it is just a number D. %

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A college raises its annual tuition by 25%, and its student enrollment falls by 3.5%. Compute the pr...