Question
1.An Oct 7 editorial in the New York Times discusses the Child Savings Account (CSA) program.CSA matches private university savings deposits for low income children.The
1.An Oct 7 editorial in the New York Times discusses the Child Savings Account (CSA) program.CSA matches private university savings deposits for low income children.The program will eventually increase the demand for university education, especially for Ivy League institutions.
a.Under the assumption that the supply of Ivy League education is perfectly inelastic, predict the effect on the number of students who will attend Ivy League institutions, and the price they will pay.
b.Based on your answer to a., predict the effect on the non-Ivy League universities that are arguably substitutes to the Ivy League.
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Strategic Management And Business Policy Toward Global Sustainability
Authors: Thomas L. Wheelen, J. David Hunger
13th Edition
9780132998079, 132998076, 978-0132153225
