You are on a committee that is considering ways to raise tuition fees for your College. You would recommend increasing the price of tuition only if you thought the demand curve for tuition was:
a. Inelastic
b. Elastic
c. Unitary elastic
d. Perfectly elastic
Grading Rubrics.
In your initial post, use the following grading rubrics
- Define the terms
- Explain the terms
- Offer an example to further illustrate your point
- Illustrate how this week’s Discussion is related to last week’s topic/assignments/material
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