total revenue, Microeconomics

In fall 2006, Pace University raised its annual tuition from $24,750 to $29,750. Freshman enrollment declined from 1500 in fall 2005 to 1110 in 2006. assuming the demand curve did not shift. calculate the total revenue generated from Pace''s freshman class in 05.
Posted Date: 10/23/2012 8:02:27 PM | Location : United States







Related Discussions:- total revenue, Assignment Help, Ask Question on total revenue, Get Answer, Expert's Help, total revenue Discussions

Write discussion on total revenue
Your posts are moderated
Related Questions
Elasticity of Market Supply • Perfectly inelastic short run supply arises when industry's plant and equipment are so fully utilized that new plants should be built to ac

Given the following table MUx MUx/Px Qty MUy MUy/Py 80 40 1 68 17 52 26 2 32 8 20 10 3 28 7 16 8 4 24 6 8 4 5 20 5


The marginal benefit of a refrigerant in a production process (the producer's willingness to pay for its use) is 100-5Q.  The marginal damage from the use of the refrigerant on the

the price elasticity for gizmos is known to be 1, if sellers of gizmos increase their

Institutionalist Economics: A school of heterodox economicsthat emphasizes importance of institutional development and evolution (as opposed to ‘pure' market forces) in explaining

BALANCE OF PAYMENTS AND PROBLEM OF DEFICITS: The principal tool for the analysis of the monetary aspects of international trade is the balance of international payments set

what are the forecasting techniques

A control in economics means a steady profit rate that is enhancing. Thus, after one year you could have £1mill profit then the next year £3mill profit etc.