If You Compared the Short-Run Demand and Long-Run Demand for Education

question 158

Multiple Choice

If you compared the short-run demand and long-run demand for education at your college, you would almost certainly find that

• A) the long-run demand curve was steeper than the short-run demand curve.
• B) a tuition increase would reduce enrollment more in the long run than in the short run.
• C) a reduction in tuition would increase enrollment in the short run but not in the long run.
• D) the short-run and long-run demand curves were identical.

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Definitions:

Stretch Reflex

A muscle contraction in response to stretching within the muscle, a fundamental reflex to maintain posture.

Sensory Neuron

Neuron that is activated when its receptor endings detect a specific stimulus, such as light or pressure.

Motor Neuron

A type of neuron responsible for conveying signals from the central nervous system to muscles, eliciting movement.

Clusters

Groups or collections of similar objects or entities that are positioned closely together.