At rams College, the tuition fee for the domestic (Canadian) students is $285.00 per credit for...
- At rams College, the tuition fee for the domestic (Canadian) students is $285.00 per credit for the University Transfer and Associate Degree courses, while the tuition fee for the international students is $550.00 per credit Yet most students at the college are the international students. Explain why. For your explanation,
- Draw the demand (for the courses at AC) and supply diagrams for two markets, (1) domestic students and (2) international students, that show the difference.
- Explain, in words, WHY the demand (or supply) is greater in one market than in the other.
Homework Answers
Demand for Canadian Education amongst international students is
high because of - 1. Higher job opportunities in Canada after grad
2. Better quality of education and academic system in Canada than
the person's own country 3. Social Preference to foreign
education.
Hence, the students don't mind paying a higher fees, which the
Canadian government uses to subsidise education for its own
citizens so as to ensure the adequate standard of living and work
opportunities.
See graph. Better quality pic added.
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At rams College, the tuition fee for the domestic (Canadian)
students is $285.00 per credit for...
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In College , the tuition fee for the domestic (Canadian) students is $300.00 per credit for the University Transfer and Associate Degree courses, while the tuition fee for the international students is $500.00 per credit Yet most students at the college are the international students. Explain why. For your explanation, Draw the demand and supply diagrams for two markets, (1) domestic students and (2) international students, that show the difference. Explain, in words, WHY the demand (or supply) is greater...
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