ECO 204 Principles of Microeconomics: Nobody State University Tuition
Analysis of microeconomic principles, market behavior, and price mechanisms.
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Running head: NOBODY STATE UNIVERSITY TUITION1
Nobody State University Tuition
Name
ECO 204Principles of Microeconomics
Analyze the impact of tuition changes on total revenue at Nobody State University (NSU) using
the concept of price elasticity of demand. Specifically, discuss the three possible revenue
outcomes when tuition is increased and explain how the tuition elasticity coefficient of demand
for education value of -1.2 influences enrollment and revenue projections. Based on this analysis,
provide a recommendation to the NSU administration regarding whether to raise tuition. Support
your argument with economic principles and relevant references.
Your paper should be 1,500–2,000 words in length and include at least three scholarly sources
cited in APA format.
Nobody State University Tuition
Name
ECO 204Principles of Microeconomics
Analyze the impact of tuition changes on total revenue at Nobody State University (NSU) using
the concept of price elasticity of demand. Specifically, discuss the three possible revenue
outcomes when tuition is increased and explain how the tuition elasticity coefficient of demand
for education value of -1.2 influences enrollment and revenue projections. Based on this analysis,
provide a recommendation to the NSU administration regarding whether to raise tuition. Support
your argument with economic principles and relevant references.
Your paper should be 1,500–2,000 words in length and include at least three scholarly sources
cited in APA format.
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Document Details
University
University of Toronto
Subject
Economics