6. Demand for prestige college education is generally considered to be highly inelastic. What does this suggest

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6. Demand for “prestige” college education is generally considered to be highly inelastic. What does this suggest about tuition increases at prestige schools in the future?

Why don’t colleges raise tuition by amounts even greater than they already do?

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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Question Posted: Oct 15, 2024 01:00 AM

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6. Demand for prestige college education is generally considered to be highly inelastic. What does this suggest

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Microeconomics

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