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A Local Community College Charges Lower Tuition Fees to Local

Question 146

Essay

A local community college charges lower tuition fees to local town residents than to nonresidents.This pricing strategy increases the profits of the community college.Using this information, we can conclude that nonresidents must have a for attending the
community college than residents.
A.less price-elastic demand
B.greater demand
C.lower demand
D.more price-elastic demand

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