Since Most Colleges and Universities Charge the Same Tuition to Every

question 60

Multiple Choice

Since most colleges and universities charge the same tuition to every student regardless of what time students choose to take their classes,

• A)the schools must develop some type of non-price rationing device.
• B)it follows that all classes will have a shortage of seats.
• C)it follows that all classes will have a surplus of seats.
• D)it follows that the market for seats in college classes will always be in equilibrium.

Understand the basic structures and types of business firms.

Identify the conditions under which investment is more likely to occur.

Differentiate between investment in capital and consumer goods.

Analyze the factors affecting investment levels and capacity utilization.