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Krazil Krazil
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9 months ago

University A sets tuition at the equilibrium level based on price and then imposes entrance requirements in the form of minimum high school GPA and SAT scores. Enrollment at this school will likely be



▸

at the equilibrium level.



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below the equilibrium level because of the use of non-price rationing devices.



▸

above the equilibrium level because of the combination of price and the use of non-price rationing devices.



▸

none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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keeton1989keeton1989
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9 months ago
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Krazil Author
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9 months ago
this is exactly what I needed
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Just got PERFECT on my quiz
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