ruplun
Please explain why a) is the ans as I assume hundreds of students may attend but they are not required to pay for the classics professors.The whole overhead of payment remains unaltered , then why a) is the solution.
Hi ruplun
Technically, students who attend classic classes have to pay tuition fee to the college.
KEY WORD here are
"full-time professors" and
"lowest ratio 3-1". What do they mean? First, they mean salary expenses are "fixed" because full-time professors' salary is unchanged. Second, they mean the college cannot reduce the number of classic professors because the stimulus says 3-1 is the lowest ratio.
To solve the increased expenses problem, the college has two solutions: (1) Fire some classic professors; (2) Increase revenues to overcome the increase of salary expenses.
(1) Fire some classic professors. Can the college do so? NO. because the ratio 3-1 is the lowest ratio. It means the college CANNOT fire any professors.
(2) Increase revenue: Does it help to solve the problem. YES. This is the only way to solve the expenses problem.
Now, let analyze your questions.
Fist question: As you say, "students are not required to pay for the classic professor" is half right, half wrong.
The students do not pay DIRECTLY for the professors, but they pay INDIRECTLY for the professors. Because Students pay for the College. In turn, the college will use a portion of these payments to pay for professors.
Your second question: The whole overhead of payment (I assume you mean professors' salary) is fixed. You're correct. But if the college cut down the classic majors, does it really help to solve the expenses problem? Nope. As I said above, the salary costs are "fixed". If the college cut down the classic majors, it will lost revenues that come from
"hundred of students".
Hence, A is correct.
As you said "The students do not pay DIRECTLY for the professors, but they pay INDIRECTLY for the professors.[/color] Because Students pay for the College. In turn, the college will use a portion of these payments to pay for professors."-thats an assumption or indirect proposition as nowhere in the sentence it is mentioned that college pays the fees.
Since the college is facing financial difficulties, and since the tution fees from just 12 students is not sufficient to pay the salaries of 4 full-time professors