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kherson [118]
3 years ago
15

After a government implements a voucher​ program, granting funds that families can spend at schools of their​ choice, numerous s

tudents in public schools switch to private schools.​ Parents' and​ students' valuations of the services provided at both private and public schools adjust to equality with the true market price of educational services. As a result of this voucher​ program,
A. the public schools and the private schools will gain equally.
B. the public schools will gain.
C. the public schools will lose.
D. the parents of these school children will lose.
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
8 0

Answer:

C. the public schools will lose

Explanation:

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Answer:

The answer is: Complementary goods and services

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Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.

Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.

In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.

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Balance of payments (BOP)

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