Suppose That Simon Fraser University Decides to Raise Tuition Fees

question 163

Multiple Choice

Suppose that Simon Fraser University decides to raise tuition fees to increase the total revenue it receives from students. This policy works only if the demand for a Simon Fraser University education is

• A)unit elastic.
• B)inelastic.
• C)elastic.
• D)greater than the demand for a University of Western Ontario education.
• E)perfectly elastic.

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