The demand for seats in 10 a.m.classes at the university is higher than the demand for seats in 8 a.m.classes.The supply of seats is fixed.If the university prices classes at the price required to achieve equilibrium at 10 a.m.,there will be

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Since the demand for seats in 10 a.m. classes is higher than the demand for seats in 8 a.m. classes and the supply of seats is fixed, the university will price the classes to achieve equilibrium at 10 a.m. This means that the price of 10 a.m. classes will be higher than the price of 8 a.m. classes. As a result, there will be a surplus of seats in the 8 a.m. classes because the price will be higher than the equilibrium price, leading to a lower quantity demanded and a higher quantity supplied. Therefore, choice B is the best answer.

The Demand for Seats in 10 A