Question

Why is the quantity of education demanded in private universities much more responsive than salt is to changes in price

Answer 1

The demand of education is much responsive when compared to the salt price because education is considered more important for the students and if the quality of education decreases, many private universities needs to be shut down.

Explanation:

• Education needs high quality teachers and standard syllabus.
• Rise in the salt prices raises anxiety levels in parents when compared with that of the students.
• the future of every student is dependent on education and not the salt price.
• Education forms the basis of anyone's life to compete with the rise of salt in the future.

To know more:

1) The elasticity of demand for salt 8s zero. If the demand is 2kgat the price of rs 5 per kg,calculate the demand ,if the prices rises to rs 7.5 per kg?

https://brainly.in/question/5135908.

2) Importance of education?

https://brainly.in/question/144777