Since Most Colleges and Universities Charge the Same Tuition to Every

question 23

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 some classes will likely have a shortage of seats while other classes may have a surplus of seats.
• E) a and d

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Definitions:

Total Assets Ratio

A financial metric used to assess a company's leverage, calculated by dividing its total liabilities by its total assets.