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3. Our School has always priced MS FE tuition and MS tuition in the physical engineering disciplines at the same levels. Suppose that we

3. Our School has always priced MS FE tuition and MS tuition in the physical engineering disciplines at the same levels. Suppose that we chose to try to increase revenue by setting different tuition levels for different majors - how would we use the concept of "elasticity" to help us do this?

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