These facts are best explained by: • Economies of scope • Diseconomies of scale • Diminishing marginal productivity • Economies of scale To download the complete answer check ECO 365 Week 1 knowledge check 3). Suppose that college tuition is higher this year than last and that more students are enrolled in college this year than last year. Based on this information, we can best conclude that: • despite the increase in price, quantity demanded rose due to some other factors changing. • the demand for a college education is positively sloped. • the law of demand is invalid.
Did you know many people distinguished that year-round schooling is more expensive, that we need more summer, and it also does not affect on education. If people want to go for a vacation with their family, then we need summer. Just for two weeks is not enough for spending time with family. Now, many people distinguished that year-round schooling is more expensive. Throughout the 45 days of school the expenses increase which makes a huge difference.
These facts are best explained by: • Economies of scope • Diseconomies of scale • Diminishing marginal productivity • Economies of scale Find the final exam answers here ECO 365 Final Exam 3). Suppose that college tuition is higher this year than last and that more students are enrolled in college this year than last year. Based on this information, we can best conclude that: • despite the increase in price, quantity demanded rose due to some other factors changing. • the demand for a college education is positively sloped. • the law of demand is invalid.
If we do not buy imported goods then they will not buy ours and without export revenue and foreign investments we would not be able to function financially. When exports increase so does the Gross Domestic Product (GDP). GDP is the dollar amount of all goods and services produced within the United States. When the GDP is high it signifies that our economy is healthy and stable. When companies can produce more due to demand they are able to hire more workers, which can lower the unemployment rate.
And above all else, money for instance, it seems to make them healthier and happier. The first of the anti-college arguments to be explored is the ever so misleading financial burden, the money. Leonhardt give two main reasons why the increasing student debt and startling tuition costs aren’t normally a problem for graduating students. First off, once you look into college tuition rates and any financial aid is taken into account, average fees and tuition were only about $2,000 at public four-year colleges(647). His next big point
It increases the support of the alumni, creating more active parents. This results in more donations if their children are enrolled in the same school they once were. With these donations, schools are able to maintain lower tuition costs benefitting the school and the students. Also, government interference would limit the tradition of the universities. It is unfair to single out legacy students as the ones who have the advantage of being accepted disregarding academics.
The nation’s new economy “high advanced technology” is proving a mix bag for workers. It also has ushered in a long period of unprecedented national prosperity. But at the same time that with profits many employees are changing, Employer say the changes in traditional pension plans, health insurance, and other no salary are necessitated by broad shifts in work patterns and demographics. Cooper, M. (1992, November 20 “Paying for college”. CQ Researcher, 2 1001-1024.
Although college enrollment appears to be slowing down in some community colleges across the nation, for-profit schools have increased enrollment by thousands of students every year. For-profit universities are becoming more popular than other community colleges for their fast route to graduating. Advertising is common for for-profit colleges by persuading students that coming to college will be the best decision; it benefits colleges by putting more money out for ads than what is spent on the school itself for faculty. Advertising has become more of a hook to reel in students to apply based on the competition of other colleges and the need to double the ratio of students from the previous years. When the focus on money from enrollment becomes
A Raise for Minimum Wage Increasing the nation’s minimum wage requirement could play an important role in strengthening the economy while helping low wage workers improve their quality of life. While the pay for American’s minimum wage worker remains stationary, the cost of living continues to rise. More and more families are relying on these front line jobs to provide for their families. In the State of the Union Address, President Obama claimed that he was in favor of increasing the minimum wage for workers under new federal contracts to $10.10 an hour, instead of the current $7.25 an hour rate. Increasing the pay of minimum wage employees will help restore consumer spending and in turn, power the economy.
Small businesses actually rely on low-income families to spend money on goods to increase business sales. Raising the minimum wage “would allow people to afford basic necessities and decrease the pressure on taxpayers” (Sklar). There are those who believe increasing the minimum wage “will only speed up the pink slips and prolong [low-income workers] unemployment” (Norwood). Since the latest increase in the minimum wage in 2009, unemployment has yet to have dramatically increase nor decrease significantly. This type of result would only occur if the minimum wage was increased by a tremendous amount.