How will this affect shortage of spots for incoming students

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Question: In the college market, universities like WSU supply spots for students to take and students demand spots, which essentially determines the tuition. And tuition is fixed below cost so not all students can get into their preferred college or university, as depicted. Suppose the state of Washington cuts WSU's budget. How will this affect the shortage of spots for incoming students Group of answer choices It will be equal to zero. It will increase. It will remain the same. It will decrease.

Reference no: EM133401516

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