Shortage/surplus, Microeconomics

Students at XSU cannot register for english classes. Is this a situation of shortage or surplus of classes? Explain. Also would you expect market forces to do to tuition?
Posted Date: 9/22/2012 7:03:58 PM | Location : United States







Related Discussions:- Shortage/surplus, Assignment Help, Ask Question on Shortage/surplus, Get Answer, Expert's Help, Shortage/surplus Discussions

Write discussion on Shortage/surplus
Your posts are moderated
Related Questions
Q. What do you mean by Benefits? The benefit of a project, policy or programme is the positive, expected aspect of an outcome, including the improvement in environmental qualit


Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

The price of petrol fell during the past year. a. Explain why the law of demand applies to petrol just as it does to all other goods and services. b. Explain how the substitu

We discussed why economists prefer to use available statistics and econometric techniques over other means of measuring consumer demand. Write a short essay describing a situation

Economic Growth: Economic Growth refers to an increase in real aggregate output (real GDP) reflected in increased real per capita income. A country is said to experience econo

Define law of supply.  Quantity supplied rises as price raises, other things constant. In other words, "Other things being equivalent, when the price of a product rises, then s

explain 6 factors that determine volume of production

Differentiate between firm and industry.   A firm is a business unit produced for the purpose of carrying out some kind of trading activity. The term "firm" is used in many ways