in fall 2006 pace university raised its annual, Microeconomics

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in fall 2006 pace university raised its annual

In fall 2006, Pace University raised its annual tuition from $24,750 to $29,750. Freshman enrollment declined from 1500 in fall 2005 to 1110 in 2006. assuming the demand curve did not shift. calculate the total revenue generated from Pace''s freshman class in 05.

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