Answer:
Enrollment in this school will likely be below the equilibrium level.
While the price of tuition has been set at the equilibrium level, and as a result, the demand for tuition is also at the equilibrium level (the demand is the amount of students that want to enroll in university A), the amount of students that will enroll will likely be below equilibrium because the University is using non-pricing mechanisms to restrict demand: minimum GPA and SAT scores.
That is an example of overtreatment.
Overtreatment is the term that is used to describe medical professionals who give unecessary health care in order to obtan higher profit compared to the necessary treatment. According to surveys, around 40% of doctors conducted this practice every year.
I think it’s higher the risk and the lower present value
The consumer sector is the largest part of the macroeconomy
TRUE