The Gap Between the Higher Equilibrium Tuition and Lower Student

question 16

Multiple Choice

The gap between the higher equilibrium tuition and lower student tuition is $4,000 at university A and $10,000 at university B.  It follows that

• A)if the supply of openings at each university is the same, then the demand to attend university B must be higher than the demand to attend university A.
• B)the supply of openings is necessarily larger at university A than B.
• C)instructors at university B are likely to be more punctual for their office hours than instructors at university A.
• D)instructors at university A are more likely to be punctual for their office hours than instructors at university B.

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Definitions:

Emotional Responses

Psychological reactions to external stimuli that involve affective components, like sadness, happiness, fear, and anger, often influencing behavior and decision-making.

Physician-Assisted Suicide

The practice where a physician provides a terminally ill patient with a prescription for a lethal dose of medication, which the patient can take to end their life.

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Pertaining to the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

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Prohibitions imposed by a legal or authoritative entity, preventing certain actions or the dissemination of certain materials.