A decrease in the amount of subsidies that a public university receives would result in

Question

Quizplus · Accepted Answer

A decrease in the amount of subsidies for a public university would lead to a decrease in the quantity supplied of college classes. This is because public universities rely heavily on subsidies to provide college classes to students at a lower cost. Therefore, a reduction in subsidies would result in a shift in the supply curve to the left.

A Decrease in the Amount of Subsidies That a Public