Cost and Financing in Open Schooling/ How Student Numbers Affect Costs/Review of Fixed, Variable and Semi-Variable Costs
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Unit 2 |
Introduction | Review of Fixed, Variable and Semi-Variable Costs | Total Costs | Average Costs | Economies of Sale | Costs of ODL versus Conventional Education | Questions for Consideration |
Introduction
In the previous unit, you learned that the number of students enrolled for a particular course is a critical factor that drives several items of expenditure. This unit considers the impact of a change in student numbers on the total costs of running courses and on the average cost per student.
