If the government does not intervene in the market for college education and there is no external benefit, the equilibrium tuition would be $13,000.
<h3>What is the equilibrium tuition price?</h3>
There is no external benefit and the government does not intervene in the market.
This means that prices will be set by the demand and supply curves.
The price at the point where (S = MC) and ( D = MB) intersect is $13,000 so this is the equilibrium tuition cost of a college education price.
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The strategy that they use is <span>signaling value by targeting sophisticated buyers
This type of strategy could only work if the target market has specific preferences.
Even though the number of potential consumers for this market tend to be considerably small compared to another market, but the customers that obtained through this strategy tend to show higher level of loyalty.</span>
A sociologist might say that this is an example of how economic action is <u>embedded in</u> social relationships.
<u>Explanation:</u>
Answer:
chain of command
Explanation:
A chain of command is a military system by which orders are passed from one rank to another. Management has adapted the concept into civil organizations where instructions and tasks are passed from one level to another.
In this case the flow of instructions and tasks start at the chancellor's office and then flows down through the vice-chancellors, campus presidents, vice presidents,etc.
Answer:
Option c is the message that possesses potential communication error.
Explanation:
The reason is that the intended reader is a illiterate person who can't write and read. So this message is not correctly conveyed to the person. The company use any other effective source of communication to develop the interest of the person in learning course.