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Price Discrimination Explains Why Many Universities Often Set Rules That

question 227

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Price discrimination explains why many universities often set rules that determine prices of admission (or financial aid) .What characteristic of students is this based on


Definitions:

Quadri-

A prefix meaning four, used in forming nouns or adjectives that denote four parts, four times, or four dimensions.

Four

The number following three and preceding five, represented in Roman numerals as IV and in Arabic numerals as 4.

Milli-

A prefix in the metric system denoting one thousandth (1/1000) of the unit it precedes.

One Thousandth

A fraction or measure representing one part out of a thousand parts.

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