Exhibit 5-2

-Refer to Exhibit 5-2. If the tuition is set at $50 there will be
A) a shortage at 10 a.m. and a surplus at 8 a.m.
B) a surplus at 10 a.m. and a shortage at 8 a.m.
C) equilibrium at 8 a.m. and a surplus of seats at 10 a.m.
D) equilibrium at 8 a.m. and a shortage of seats at 10 a.m.

Question

Exhibit 5-2
 
-Refer to Exhibit 5-2. If the tuition is set at $50 there will be
A) a shortage at 10 a.m. and a surplus at 8 a.m. 
B) a surplus at 10 a.m. and a shortage at 8 a.m. 
C) equilibrium at 8 a.m. and a surplus of seats at 10 a.m. 
D) equilibrium at 8 a.m. and a shortage of seats at 10 a.m.

Quizplus · Accepted Answer

The Answer of Exhibit 5-2
 
-Refer to Exhibit 5-2. If the tuition is set at $50 there will be
A) a shortage at 10 a.m. and a surplus at 8 a.m. 
B) a surplus at 10 a.m. and a shortage at 8 a.m. 
C) equilibrium at 8 a.m. and a surplus of seats at 10 a.m. 
D) equilibrium at 8 a.m. and a shortage of seats at 10 a.m.

Exhibit 5-2 -Refer to Exhibit 5-2. If the Tuition Is Set at Tuition