Under this model, a university's income is generated by selling its services — teaching, research, and consultancy — to whoever wishes to buy them?

Under this model, a university's income is generated by selling its services — teaching, research, and consultancy — to whoever wishes to buy them?
(a) The Bureaucratic model
(b) The Collegial model
(c) The Market model
(d) All of above
✅ Correct answer: (c) The Market model
Explanation: The market model operates on supply-demand principles where education is treated as a service for sale.