Exam 37: Economics of College and University Education

The college textbook adoption decision is made by

To compare the costs of a college education with its monetary benefits, economists use the concept of

In the 1980s, President Reagan shifted government education policies toward

If a college textbook costs $80 (for a new book)at a college bookstore, the royalty paid on the book is likely

From 2002 to 2014 long-term debt at four-year public institutions of higher education

Commercialization of the internet has helped to increase the price of new textbooks by facilitating

If faculty choose to stay with an old edition of a book this is predicted to cause

The copyright holder for most college textbooks is the

From 1995 to 2013 total revenues to public institutions attributable to tuition increases

Once the breakeven level of sales has been reached, each additional book sold earns _______ for the publisher.

An e-book that sells new for $200 will typically be sold back to the bookstore "used" for

In higher education, the last 20 years have seen

Between 1992 and 2012, the percentage of students borrowing to pay for college

The strategy of faculty choosing to stay with an old edition of a book is

College textbook royalties are paid based on the sales to

Estimates of the value of a college education are based on

Estimates of the value of a college education to the student are that there is

An e-book that sells new for $125 will typically be sold back to the bookstore "used" for

The payment to the author, usually expressed as a percentage of sales to bookstores, is called

A book that sells new for $125 will typically sell used for around