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INSTRUCTION: Given the situation, write down your answer on the question below. (30 points) Assume that you are the Vice President for financial affairs at

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INSTRUCTION: Given the situation, write down your answer on the question below. (30 points) Assume that you are the Vice President for financial affairs at a major college or university. For the past three years, enrollments and revenues have declined steadily at a rate of about 10 percent per year. You are under great pressure to raise tuition rates to compensate for the falling revenues. However, you suspect that raising the tuition fee might only make matters worse. What internal pricing factors should you consider before you make your decision? Explain

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