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If a University Charged a Lower Price for Tuition During

Question 37

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If a university charged a lower price for tuition during summer school than during the regular session, in search of added total revenue,


A) ​administrators likely believe that demand is more elastic during summer school than during the regular session.
B) ​administrators likely believe that demand is less elastic during summer school than during the regular session.
C) ​it indicates nothing about likely differences in the elasticity of demand during summer school than during the regular session.
D) ​administrators likely believe that demand is both lower and less elastic during summer school than during the regular session.

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