2 ms·

Why is the author focusing only on the supply aspect? I would guess that Harvard is charging the amount that they think will maximise their profit. Or at least

by n4r9 4y ago

Why is the author focusing only on the supply aspect? I would guess that Harvard is charging the amount that they think will maximise their profit. Or at least factoring that in. Isn't that what happens in a free market?

janalsncm 4y ago
In that case, wouldn’t cutting administration only increase Harvard’s profits?
- n4r9 4y ago
  I'm not arguing that Harvard is a hyper-efficient money-making scheme, just that it may be considering total revenue when setting fees.