Using supply and demand analysis, comment upon whether a free market in university education will always lead to higher charges for law at Cambridge than for sociology courses at new universities.
Consider how many people will apply to law school (a graduate cirriculum) at one university versus how many people will take any one of many sociology courses (most of them undergraduate) at a number of schools.
Can you please exlain to me if I'm wrong not just correct me. ps. Ceteris paribusor the following markets, show whether change causes a shift in supply curve, a shift in demand curve, a movement along the supply curve, and/or a
1. Suppose that the market of laptops is given by following supply and demand curves given below: Qd = 5000 − 3p Qs = 1000 + p. Answer the following questions on excel sheet using the above demand and supply equations. i) Take
How does the aggregate goods and services market differ from the regular (microeconomic) supply and demand market? In other words, how does aggregate demand and aggregate demand differ from normal supply and demand? Address the
consider a perfectly competitive market in which all firms have the same costs. choose the statement that is incorrect a)the market demand is elastic at the market price b)each firm takes the market price as given and produces its
in the simple economics of a competitive market price increases under which condition: a) demand is constant. supply declines b) demand decreases. supply increases c) demand and supply rise concomitantly d) demand and supply
Technical analysis differs from fundamental analysis in that a) Technical analysts contend that in depth assessments of basic aggregate market, industry, and company performance is necessary; past price movements indicate future
The demand for your college newspaper is 2200 copies each week if the paper is given away free of charge and drops to 1100 each week if the charge is 10/copy. However, the university is only prepared to supply 600 copies each week
The demand for your college newspaper is 2200 copies each week if the paper is given away free of charge and drops to 1000 each week if the charge is 10/copy. However, the university is only prepared to supply 600 copies each week