Public universities, by charging tuition fees _______ the marginal cost of education, _______ the number of students.
A) below; decrease
B) above; decrease
C) below; increase
D) above; increase

Question

Quizplus · Accepted Answer

Public universities, by charging tuition fees below the marginal cost of education, increase the number of students because lower costs make education more accessible to a broader range of students.

Public Universities, by Charging Tuition Fees _______ the Marginal Cost