Enrollment increased from 15,539,000 in 2000 to 20,618,000 in 2013. The net cost of college (average for

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Enrollment increased from 15,539,000 in 2000 to 20,618,000 in 2013. The net cost of college (average for all types) increased from $12,357 to $14,860.

Calculate the price elasticity of supply of college. Is the supply of college elastic or inelastic?

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Foundations Of Economics

ISBN: 9780134486819

8th Edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Dec 08, 2023 08:02 AM

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Enrollment increased from 15,539,000 in 2000 to 20,618,000 in 2013. The net cost of college (average for

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The demand for college increased so we can use these da...View the full answer

Foundations Of Economics

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