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06-05-2024
Business

Answered

Consider the market for a college education.
a. Suppose we subsidize students who attend college. What should we expect to happen to the number of students attending college? Include graphical analysis in your response.
b. Suppose we impose a cap on tuition, in order to make attending college more affordable. What should we expect to happen to the number of students attending college? Include graphical analysis in your response.

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