Universities Raise Tuition Despite Moving Online Due to COVID-19 Dalhousie University is one of the many Cana- dian universities raising tuition for the 2020 fall term, despite teaching most classes online during the pandemic. Erica Seelemann, a vice-president at the Dalhousie Student Union says, "students have been very clear that they don't think remote learning is worth paying as much for as in-person instruction." Source: The Gibe and Mail, May 29, 2020

a. How do you expect the change from in- person to remote online learning to change a university's costs and its marginal cost curve?

b. If Erica Seelemann is correct, how will teach- ing most classes online change the marginal private benefit of a university education and the marginal private benefit curve?

c. How do you expect the change from in-per- son to online learning to change the marginal social benefit of a university education and the marginal social benefit curve?

d. Given your answers to parts

a, b, and

c, explain how the efficient number of students changes.

e. Explain how the rise in tuition will change the equilibrium number of students.

f. If, before COVID-19, the number of students was efficient, explain what must be done to avoid underprovision of university education.