Nov 19, 10 •
250 Views •
Demand, Supply, and Markets, Households, Thinking Economically •
Elaine Schwartz •
You might pay $1.50 to get a cup of coffee or $30 for a blouse. But what do students “pay” to get admitted to a college? And, at what “prices” will colleges accept people? Several researchers developed a supply and demand model
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