The "Kiplinger" ranking system show that "Kiplinger" values metrics in Competitiveness less than metrics in Cost and Financial Aid. If the "Kiplinger" ranking system were to increase the weight of the Competitiveness category, what do you expect to happen to the weight given to Cost and Financial Aid category? (Taking into consideration that all the other categories' weights won't change). The weights of Competitiveness and Cost and Financial Aid are not linked, therefore no change will occur for the weight of Cost and Financial Category. A corresponding reduction in the weight given to the Cost and Financial Aid category because increasing the weight of one category means the weight of another must decrease. The weight to the Cost and Financial Aid will increase too, because schools who have high level of competitiveness will be more likely to give grants for students.

The "Kiplinger" ranking system show that "Kiplinger" values metrics in Competitiveness less than metrics in Cost and Financial Aid. If the "Kiplinger" ranking system were to increase the weight of the Competitiveness category, what do you expect to happen to the weight given to Cost and Financial Aid category? (Taking into consideration that all the other categories' weights won't change). The weights of Competitiveness and Cost and Financial Aid are not linked, therefore no change will occur for the weight of Cost and Financial Category. A corresponding reduction in the weight given to the Cost and Financial Aid category because increasing the weight of one category means the weight of another must decrease. The weight to the Cost and Financial Aid will increase too, because schools who have high level of competitiveness will be more likely to give grants for students.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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