Enrollment increased from 15,539,000 in 2000 to 20,618,000 in 2013. The net cost of college (average for
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Enrollment increased from 15,539,000 in 2000 to 20,618,000 in 2013. The net cost of college (average for all types) increased from $12,357 to $14,860.
Calculate the price elasticity of supply of college. Is the supply of college elastic or inelastic?
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