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>How do you explain the cost of education 1. Value of a service is how much the market is willing to pay. 2. In the times of abundant, easy access to service
by dexen 8y ago
>How do you explain the cost of education
1. Value of a service is how much the market is willing to pay.
2. In the times of abundant, easy access to service X, a high price tag is indicator of quality and rarity. I.e., it's a feature, not a bug.
- raxxorrax 8y agoTrue under a business administrative view. But maybe not the best economical approach to education? So ... > How do you explain the cost of education ... was more of a rhetorical question.