In class, we considered the example of tuition at KSU. We noted that the tuition does not increase from 11 to 18 credit hours. What aspect of "price" did this represent?
a.
It is the "list price" for these services.
b.
This represents a "discount" on the cost of taking more credit hours.
c.
This pricing approach to tuition represents an "add on" to the published tuition in the form of an "extra fee" for more credit hours taken.
d.
This is a form of "retroactive tax" paid by students who take more courses.
e.
This IS the final tuition actually paid.
Answer: This represents a "discount" on the cost of taking more credit hours.