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Exhibit 5-2 -Refer to Exhibit 5-2. If the Tuition Is Set at Tuition

question 42

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Exhibit 5-2
Exhibit 5-2    -Refer to Exhibit 5-2. If the tuition is set at $60 there will be A)  a shortage at 10 a.m. and a surplus at 8 a.m. B)  a surplus at 10 a.m. and a shortage at 8 a.m. C)  equilibrium at both 10 a.m. and 8 a.m. because the price is half-way between their individual equilibria. D)  none of the above
-Refer to Exhibit 5-2. If the tuition is set at $60 there will be


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