How will your answer to the preceding problem differ if the tuition charged by outside universities is

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How will your answer to the preceding problem differ if the tuition charged by outside universities is $12,000/yr? What is the economic interpretation of a value of k greater than 1?

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Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Question Posted: Dec 12, 2014 10:20 AM

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How will your answer to the preceding problem differ if the tuition charged by outside universities is

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For P 0 12 we have k 71 which means that Cornell shoul...View the full answer

Microeconomics and Behavior

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