Author Question: Colleges offer tuition scholarships even when they are running budget deficits because colleges ... (Read 157 times)

fagboi · **on:** Jun 29, 2018

Colleges offer tuition scholarships even when they are running budget deficits because colleges

A) are public service institutions.
B) can often earn additional net income by offering tuition scholarships.
C) hope to receive contributions later from the recipients of scholarships.
D) set tuition levels and establish scholarship policies without considering the monetary advantages.

Question 2

Which of the following is likely to happen if the government imposes a price control at 60, when the demand curve shifts to D2?

A) There will be a shortage of 15 units of the good in the market.
B) There will be a surplus of 15 units of the good in the market.
C) There will be a shortage of 10 units of the good in the market.
D) There will be a surplus of 10 units of the good in the market.