An increase in the amount of subsidies that a public university receives would result in:

Name: An increase in the amount of subsidies that a public university receives would result in:
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Question

Quizplus · Accepted Answer

An increase in subsidies would lead to a decrease in the cost of producing classes, which would incentivize universities to increase the quantity of classes supplied. This would result in a rightward shift of the supply curve for college classes. Therefore, the correct choice is D.

An Increase in the Amount of Subsidies That a Public