During the early 2000s, high schools moved more toward a "college prep" curriculum with a focus on preparing more students to go to college. As a result, it became more difficult for students to be accepted to college, and not everyone gets in. This is caused by what type of scarcity?(1 point)
Responses
College admission is demand-induced scarcity because the number of people that want to go to college rises as the population increases. It is not structural scarcity since it is not a limited natural resource. It is not a supply-based scarcity since the number of colleges is growing, not dropping.
College admission is demand-induced scarcity because the number of people that want to go to college rises as the population increases. It is not structural scarcity since it is not a limited natural resource. It is not a supply-based scarcity since the number of colleges is growing, not dropping.
College admission is a supply-induced scarcity because there is not a large enough supply of colleges to accommodate everyone. It is not structural scarcity since it is not a limited natural resource. It is not a demand-based scarcity since the demand remains constant throughout the years.
College admission is a supply-induced scarcity because there is not a large enough supply of colleges to accommodate everyone. It is not structural scarcity since it is not a limited natural resource. It is not a demand-based scarcity since the demand remains constant throughout the years.
College admission is structural scarcity because not enough physical college campuses have been built. It is not a supply-based scarcity since the supply is not dropping. It is not a demand based scarcity since the demand remains constant throughout the years.
College admission is structural scarcity because not enough physical college campuses have been built. It is not a supply-based scarcity since the supply is not dropping. It is not a demand based scarcity since the demand remains constant throughout the years.
College admission is a supply-induced scarcity because the number of people that can get into college is lower than the demand. It is not a demand-based scarcity since the demand remains constant throughout the years. It is not a structural scarcity since more colleges can be built.
College admission is a supply-induced scarcity because the number of people that can get into college is lower than the demand. It is not a demand-based scarcity since the demand remains constant throughout the years. It is not a structural scarcity since more colleges can be built.
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