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Exhibit 5-2 -Refer to Exhibit 5-2. If the Tuition Is Set at Tuition

Question 14

Multiple Choice

Exhibit 5-2
Exhibit 5-2 -Refer to Exhibit 5-2. If the tuition is set at $50 there will be A) a shortage at 10 a.m. and a surplus at 8 a.m. B) a surplus at 10 a.m. and a shortage at 8 a.m. C) equilibrium at 8 a.m. and a surplus of seats at 10 a.m. D) equilibrium at 8 a.m. and a shortage of seats at 10 a.m.
-Refer to Exhibit 5-2. If the tuition is set at $50 there will be


A) a shortage at 10 a.m. and a surplus at 8 a.m.
B) a surplus at 10 a.m. and a shortage at 8 a.m.
C) equilibrium at 8 a.m. and a surplus of seats at 10 a.m.
D) equilibrium at 8 a.m. and a shortage of seats at 10 a.m.

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