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expeople1 [14]
3 years ago
5

Universities A and B are substitutes in the minds of many college students. Initially the student tuition at each university is

the same and far below the equilibrium tuition. Then, the tuition at A is raised and B is not. As a result of a rising tuition at A, some students who would have applied and enrolled in A, apply to B instead. Based on the logic presented in one of the theories discussed in the textbook, we would expect that
Business
1 answer:
leonid [27]3 years ago
4 0

Answer:

the options are missing (see attached image), the correct answer is:

the fourth option: A and B

Explanation:

Since the demand for University B increased, their teachers should be more relaxed, resulting in a decrease of their performance, e.g. less punctual. On the other, the teachers of University A which lost students, should try to increase their performance level, e.g. being more punctual.

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Explanation:

7 0
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Suppose Congress approves a proposed "temporary worker" program and American firms find
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