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Author Question: From 1970 to 2010, the real price of a college education increased, and total enrollment increased. ... (Read 285 times)

Evvie72

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on: Jul 1, 2018
From 1970 to 2010, the real price of a college education increased, and total enrollment increased. Which of the following could have caused this increase in price and enrollment?
 
  A) A shift to the right in the supply curve for college education and a shift to the left in the demand curve for college education.
  B) A shift to the left in the supply curve for college education and a shift to the right in the demand curve for college education.
  C) A shift to the left in the supply curve for college education and a shift to the left in the demand curve for college education.
  D) none of the above

Question 2

The markets for movie theater tickets and videocassette rentals are highly interdependent. Suppose that a tax is imposed on movie theater tickets.
 
  The type of analysis that examines the effects of this tax on the markets for movie theater tickets and videocassettes simultaneously is called A) macroeconomics.
  B) general equilibrium analysis.
  C) partial equilibrium analysis.
  D) full market analysis.
  E) psychoanalysis.


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debra928

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


Evvie72

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Reply #2 on: Jul 1, 2018
Correct answers!


debra928

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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