Macroeconomics (Book Only)
Macroeconomics (Book Only)
12th Edition
ISBN: 9781285738314
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 5, Problem 3QP
To determine

The consistency of admission criteria.

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Describe your observations to why the costs of tuition have been rising based on your understanding of supply and demand Provide possible viable solutions to the supply and demand challenge.
Comment on the following statement indicating whether you agree with the statement or disagree with the statement and why. Explain your answer. college charge tuition and also use standardized test scores as admission criteria. Tuition serves in this instance as the rationing device while standardized test scores as admission criteria do not.
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