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Higher education, like any other commodity or service, has been viewed in a variety of economic frameworks. Little of this work, however, appears to have made any effort to define carefully the boundaries of the relevant market for higher education, which is the subject of this particular...
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Price discrimination generally, and third-degree price discrimination in particular, are topics taught in almost every intermediate microeconomics subject. The theory, geometry, and even the algebra behind the concept are simple, and the phenomenon commonly occurs in the sale of many of the...
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