Raise or Lower tuition
Suppose that, in an attempt to raise more revenue, Nobody State University increases its tuition. Will this necessarily result in more revenue? Under what conditions
will revenue (a) rise, (b) fall, or (c) remain the same? Explain this process, 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, what would you suggest the university do to
expand revenue? If you were the president of NSU, how would you tackle this problem based on what you have learned in this course? The Raise or Lower Tuition paper
Must be three to five double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing
Center (Links to an external site.)Links to an external site.. Must include a separate title page with the following: Title of paper Student’s name Course name and
number Instructor’s name Date submitted Must use at least two scholarly sources from the Ashford University Library in addition to the course text. The Scholarly, Peer
Reviewed, and Other Credible Sources (Links to an external site.)Links to an external site. table offers additional guidance on appropriate source types. If you have
questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the
appropriateness of a specific source for a particular assignment. Must document all sources in APA style as outlined in the Ashford Writing Center. Must include a
separate references page that is formatted according to APA style as outlined in the Ashford Writing Center.