Marginal cost of admitting

Assignment Help Accounting Basics
Reference no: EM131024773

Assume that the marginal cost of admitting one more student is constant for every university. Also assume that at every university, the demand for places in the freshman class is downward sloping. Now, suppose that the public becomes upset that universities charge different prices to different students. Responding to these concerns, the federal government requires universities to charge the same price to each student. In this situation, who will gain, and who will lose?

Reference no: EM131024773

Questions Cloud

Define and discuss group polarization : What is the most important thing you think the attorney needs to know about group dynamics - Define and discuss group polarization, groupthink, and social influence?
Price discriminate in situation : How is the company able to price discriminate in this situation? Why would the company sell the pads for dogs at a higher price than the pads for people?
Form of price discrimination : Is the use of loyalty cards that provide the same price discounts for every shopper who uses them a form of price discrimination? Briefly explain.
Willingness to pay of florida residents : What is Disney assuming about the willingness to pay of Florida residents? Why might it make this assumption? How might Disney keep Florida residents from buying Walt Disney World tickets at discounted prices and reselling them to non-Florida reside..
Marginal cost of admitting : Assume that the marginal cost of admitting one more student is constant for every university. Also assume that at every university, the demand for places in the freshman class is downward sloping.
What is equilibrium interest rate and quantity of investment : Using the information below, graph the market for loanable funds. Measure the X-axis in millions of dollars of investment. What is the equilibrium interest rate and quantity of investment in this market
What is the only sequence of seven weights to fit : The mean weight was 150 grams, and the mode weight was 110 grams. What is the only sequence of seven weights to fit this description?
Identify expansion opportunities available to health care : Interpret the importance of continually pursuing opportunities for growth within the health care marketplace, and identify expansion opportunities available to health care institutions.
Discussion on the macrumors blog : In addition to discounting the price of computers purchased by students and faculty, Apple sells certain computer models only to schools and universities. According to a discussion on the MacRumors blog:

Reviews

Write a Review

Accounting Basics Questions & Answers

  Tony matheson plans to graduate from college in may 2012

tony matheson plans to graduate from college in may 2012 after spending four years earning a degree in sports and

  What are the key variables for evaluating credit policy

What are the key variables for evaluating credit policy changes

  What amount should be reported on laib camera shop

What amount should be reported on Laib Camera Shop's financial statements, assuming the lower-of-cost-or-market rule is applied?

  What method for depreciation does wag use

What method for depreciation does WAG use and is this method generally accepted? Calculate the amount of 2011 depreciation expense that WAG recorded on the old computer equipment and on the new computer equipment. Which aspect(s) of WAG's accounting ..

  Healthy products inc uses a traditional product costing

healthy products inc. uses a traditional product costing system to assign overhead costs uniformly to all products. to

  Market demand and supply

Market demand and supply are given as Qd = 1000 - 5P and Qs = 4P - 80 respectively. If P = 100,

  How can purchasing help to reduce cycle time how can more

1 how can purchasing help to reduce cycle time?2 how can more innovation from suppliers be achieved? what is

  Financial statements for a sole proprietorship

_____ would not appear on the financial statements for a sole proprietorship. A. Cost of Goods Sold B. Unearned Sales Revenues C. Accumulated Depreciation D. Paid-in Capital

  Prepare a cash budget for karim corp

Karim Corp. requires a minimum $8,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly).

  Mckerchie inc manufactures industrial components one of its

mckerchie inc. manufactures industrial components. one of its products used in the construction of industrial air

  How should the deferred tax amount be classified

Determine the balance in the related deferred tax account at the end of each year. Is it a deferred tax asset or a deferred tax liability?

  Headings across a piece of paper

Set up the headings across a piece of paper - indicate the effect of each of the transactions on total assets, liabilities, and owner's equity

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd