When Colleges Use Yield Management Techniques, They

Multiple Choice

When colleges use yield management techniques, they

A) rank students on the basis of academic merit and award higher financial aid offers to those at the top of the ranking.
B) they increase financial aid offers to students whose demand for college education is likely to be more price inelastic and reduce financial aid offers to students whose demand for college education is likely to be less price inelastic.
C) rank students on the basis of academic merit and award higher financial aid offers to those at the bottom of the ranking.
D) they increase financial aid offers to students whose demand for college education is likely to be more price elastic and reduce financial aid offers to students whose demand for college education is likely to be less price elastic.