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Answer to Question #70104 in Microeconomics for Akshay modi

Question #70104
How will the successful application of robotic technology in Australian higher education impact: a. Supply of education (2.5 marks) b. Demand for education (2.5 marks) c. Marginal cost of education (2.5 marks) d. Fixed costs of education (2.5 marks) Explain using diagrams.
1
Expert's answer
2017-09-18T08:47:07-0400
The successful application of robotic technology in Australian higher education will impact:
a. Supply of education - increase,
b. Demand for education - will not change,
c. Marginal cost of education - increase,
d. Fixed costs of education - decrease.

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