If the tuition is set at $60 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 both 10 a. m. and 8 a. m. because the price is half-way between their individual equilibria. d. none of the above
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Home » Business » If the tuition is set at $60 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 both 10 a. m. and 8 a. m.