Multiple Choice
The demand to attend a certain college is represented by a downward-sloping demand curve.The supply of spots at the college is represented by a vertical supply curve.At the tuition that students are charged,there is a shortage of spots at the college.If the demand to attend the college rises,but the tuition stays constant,it follows that the
A) GPA required to attend the college will probably rise.
B) GPA required to attend the college will probably fall.
C) SAT score required to attend the college will probably not change.
D) a and c
E) There is not enough information to answer this question.
Correct Answer:

Verified
Correct Answer:
Verified
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