Discuss the 3 central questions that economists ask to better understand decision makers’ behaviors (described in Chapter 2 in Toutkoushian and Paulsen).

Discuss the 3 central questions that economists ask to better understand decision makers’ behaviors (described in Chapter 2 in Toutkoushian and Paulsen). How do these central questions apply to the marketplace of higher education? Include at least 2 in-text citations to support your points. In this course, the assignments build up to a case study in which you will provide detailed institutional information, key performance indicators, and budgeting data. Identify an institution that you would like to study. Which institution did you select, and what general information can you share (founding year, public/private control, highest degree offered, and total enrollment)? The institution I will be using is Albany State University in Albany, GA
https://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2017/03/29/merging-colleges-to-cut-costs-and-still-boost-graduation-rates