We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Raise or Lower Tuition - Assignment Example

Comments (0)
Raise or Lower Tuition? Answer 1 The effect of rise in tuition on the revenue earnings of the university has been explained below. In theoretical reasoning, a rise in tuition fees would result in the rise in revenue earnings of the university. While considering the economics of supply and demand, this may not always be true…
Download full paper
Raise or Lower Tuition
Read TextPreview

Extract of sample
Raise or Lower Tuition

Download file to see previous pages... This would result into more revenues for the university. On the other hand, if the demand for the university is less than the number of available seats, a rise in tuition would result in lowering of the revenues (Mankiw, 2011). Due to lesser demand, the students would opt for alternate choices where the tuition is comparatively less. Answer 2 The revenue earnings of the university would vary depending upon the prevailing conditions of demand for the university and the number of seats available. The revenues of the unity will rise when the demand for admission exceeds the number of seats available. The university would have the option to raise tuition resulting into higher revenue earnings. The revenue earnings of the university are likely to fall when the demand for university admissions is less than the number of available seats. Due to lesser demand, the university would have to reduce the tuition that would result into fall of revenue earnings (Marshall, 2006). Even stagnant tuition fees would lead to fall of revenue due to lesser number of students. The revenues of the university are likely to remain same when there is equilibrium between the demand for university admissions and the number of seats available. ...
Due to the high demand for university admissions, there is large number of students available for enrollment. The students would be ready to pay more for their preferred university. This would positively impact the process of revenue earnings. The loss of revenue from the lower number of student enrollments is a scenario that can occur due to lower demand of university admissions against the number of available seats. Due to lower demand, a hike in the tuition fees would cause lower number of students to enroll. The students would prefer other universities for which the process of revenue earnings would get affected. Answer 4 A negative price elasticity of the university indicates with the rise in the tuition fees, the demand for university admissions is likely to fall. Considering the situation when the price elasticity of the university is (-1.2), a rise in tuition fees of the university would result in considerable fall of demand of the university admissions. The university has also been suffering with the revenue earnings in recent times. A further rise of revenue in such a condition would result in the further lowering of student enrollment (Schotter, 2008). This would result into lowering of revenue earnings for the university. In such a situation, the university would be suggested to lower the tuition fees in order to revive the situation of revenue crunch of the university in recent times. A reduction of tuition would draw more students for enrollment. The students would want to take the advantage of comparatively low tuition fees. This would lead to expansion of revenue for the university. Answer 5 Being the President of NSU, the economic theories of supply, demand and price elasticity would be ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Raise or Lower Tuition
Demand tends to be elastic when there is availability of good substitutes and a sizable element of the item in the consumers’ budget. On the other hand, demand tends to be inelastic when there is availability of poor substitutes. Generally, a product’s price elasticity increases as the consumers get more time to adjust to the change in the product price (Gwartney, Macpherson, Sobel, and Stroup, 2009).
3 Pages(750 words)Research Paper
Raise or Lower Tuition
These policy makers have to consider a number of other factors including competitor`s tuition levels, government aids and scholarships along with the ability of students to pay college fees (Jung S, 2008). Due to budget cuts, especially during times of recession, universities have to increase tuition fees to cover the administrative expenses.
3 Pages(750 words)Assignment
Raise or Lower Tuition
An increase of school tuition should not affect the enrolment for it to increase school revenue. However, you find that even though the increment are within the margins of the tuition that other universities offer, students who are in the lower earning profile will be greatly affected even with minimal increment.
3 Pages(750 words)Essay
Financial Management in Construction
1. You are required by the Board of Governors of Ellison High to prepare a Financial Information check-list of all the information which would be needed to inform the decision of whether Lipman would be a sound investment decision. Provide a structured list of such information requirements, state the sources of such information and recommend on procedures for validation where possible.
30 Pages(7500 words)Assignment
Lower Division Capstone
As one can observe from the Table presented above, from the year 2009 to 20012, Wal-Mart has experienced a continuous growth in sales, with 2012 posting the highest growth for the four-year period. A six per
1 Pages(250 words)Assignment
Lower Division Capstone
Employee empowerment enables to increase the involvement of the employees in the organizational decision making process. By
2 Pages(500 words)Assignment
How upper classed brands in John Lewis are able to get lower classed individuals to buy their products also
The brand has even included personal services and delicious foods for all its customers. Special events are even hosted at this departmental store. There are knowledgeable and helpful partners at John Lewis who ensures that
12 Pages(3000 words)Assignment
If and when I raise children, I'll never
I think children need to grow up in an atmosphere where they are comfortable being themselves and do not feel threatened or pressurized. Therefore I shall never threaten my child either physically or
1 Pages(250 words)Assignment
In the unique case of Nobody University, increasing the tuition has been arrived at despite the pointers showing the demand for the services is at its low of 1:2 possibly because the price skimming strategy
5 Pages(1250 words)Assignment
The best way to reduce the number of traffic accidents is to raise age limits for younger drivers and lower age limit for the aged ones. To what extent do you agree or disagree
I agree that raising age limits for young drivers and lowering age limits for aged ones is the best way to reduce the number of traffic accidents. Young
1 Pages(250 words)Assignment
Let us find you another Assignment on topic Raise or Lower Tuition for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us