In recent years,as provincial governments attempt to balance their budgets,they have increased tuition fees considerably.This increase will likely result in
A)more students.
B)fewer students.
C)underprovision of education compared to the efficient level.
D)overprovision of education compared to the efficient level.
E)B and C.

Question

Quizplus · Accepted Answer

Increasing tuition fees can lead to fewer students being able to afford higher education, which is choice B. Additionally, higher costs can lead to underprovision of education compared to the efficient level, where the efficient level is the optimal quantity of education that should be provided to maximize social welfare, which is choice C.

In Recent Years,as Provincial Governments Attempt to Balance Their Budgets,they