Raise or Lower Tuition?
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.
In a three- to five-page paper (not including title and reference
pages), provide subheadings or separate paragraphs for each of the
questions listed to help focus your paper for the executives that have
requested it. Support your paper with at least two academic sources from
the Ashford Library.
You are required to format you paper according to APA style guidelines.**********will run through turnitin before I paid the full price to make sure it is original*********
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