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Is the price elastic or inelastic? 1 elastic inelastic Should colleges charge more or less on average to maximize revenue? more less ( b )

Is the price elastic or inelastic?
1 elastic
inelastic
Should colleges charge more or less on average to maximize revenue?
more
less
(b) Based on the study, what would you advise a college to charge its students in order to maximize total revenue?
$ per student
What would the revenue be?
$
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