. If the economic professor is correct, forecast Occidentals full-time enrollment? c. Assuming no change in real...
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If the economic professor is correct, forecast Occidental’s full-time enrollment?
c. Assuming no change in real GDP or full-time tuition charged by Oriental, will the promotional campaign be effective? (Hint: Compare Occidental’s tuition revenues before and after the promotional campaign.)
d. The director of Occidental’s athletic department claims that the increase in enrollment resulted from the football team’s NCAA Division I national championship. Is this claim reasonable? How would it show up in the new demand equation?
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Managerial Economics: Tools For Analyzing Business Strategy
ISBN: 307174
1st Edition
Authors: Thomas J Webster
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