Qu = 25,000 – Pu where Qu = undergraduate enrollment and Pu = undergraduate tuition. Graduate enrollment is given by: Qg

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Qu = 25,000 – Pu
where Qu = undergraduate enrollment and Pu = undergraduate
tuition.
Graduate enrollment is given by:
Qg = 13,500 – 0.5Pg.
where Qg = graduate enrollment and Pg = graduate tuition.
a. If the goal of the university is to maximize total revenue,
determine tuition, enrollment and demand elasticity for each type
of student.