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1.Get Smart University is contemplating increasing tuition and raise revenue, If GSU feels that raising tuition would increase revenue, they are: A.Necessarily ignoring the law
1.Get Smart University is contemplating increasing tuition and raise revenue, If GSU feels that raising tuition would increase revenue, they are:
A.Necessarily ignoring the law of demand
B.Assuming that their demand is elastic
C.Assuming that their demand is inelastic
D.Assuming that the supply of education is elastic
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