Multiple Choice
If enrollment at your school increases even though tuition fees rise, it is likely that
A) supply increased.
B) supply decreased.
C) demand increased.
D) demand decreased.
E) you go to a party school.
Correct Answer:

Verified
Correct Answer:
Verified
Q118: When a market is in equilibrium, the
Q119: All markets involve negotiations between buyers and
Q120: When the RCMP arrests a large number
Q121: If the price of corn rises we
Q122: Voluntary exchange<br>A) requires disinterested consumers.<br>B) can make
Q124: Union leaders who want to avoid layoffs
Q125: We observe a rise in the price
Q126: When concert tickets go on sale, potential
Q127: When wages are above equilibrium levels, there
Q128: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1013/.jpg" alt=" Figure 4.5.3. -Look