Explain how an increase in state subsidies to public college
Use two market diagrams to explain how an increase in state subsidies to public colleges might affect tuition and enrollments in both public and private colleges.
Expert
The state subsidies to public colleges shift the supply curve of the public colleges to the right, thus reducing tuition and increasing enrollments in these institutions. Decreased cost of public college education leads to some substitution away from the private colleges, where the enrollment demand curve shifts to the left. A lower cost of tuition in both public and private colleges is the final result.
Briefly describe the term cost of capital and also illustrate out its significance?
Why possession protection of property rights and private property promotes the market system?
Briefly describe the meaning of Modigliani- Miller (M and M) approach?
Elucidate The General Agreement of Tariffs and Trade (GATT)?
Question: In Vancouver the Salvation Army encourages people to make food voucher donations to panhandlers instead of simply giving them cash. You can buy a food voucher for $5 and give it to a panhandler who can use it to purchase food. The Sa
Over the long-run the speculators activities are tend to: (1) decrease the volatility of prices. (2) attract legal attention and result in imprisonment. (3) increase the level and volatility of prices both. (4) yield tremendous profits and raise costs
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good. Answer:
Explain the foundation of economics where society’s material wants are unlimited?
What 2 points are required to emphasis foreign exchange market?
Use the circular flow model to confirm this assertion for a $1 per hour increase in the minimum wage?
18,76,764
1959278 Asked
3,689
Active Tutors
1436157
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!