A decrease in the tuition (i.e., price) that a public university charges would result in:

Question

Quizplus · Accepted Answer

A decrease in tuition would lead to a lower price per class for students, causing a movement down along the existing supply curve for college classes. This is because the supply curve shows the relationship between price and quantity supplied, so a change in price (tuition) will cause a movement along the curve, rather than a shift in the overall supply of college classes.

A Decrease in the Tuition (I