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Sagot :
Should there be an increase in state subsidies for public colleges, the result would be:
- Increase in demand for public colleges.
- Decrease in demand for private colleges.
Effects of subsidies for public colleges
- More people would want to enroll in public colleges to take advantage of the subsidies.
- There will be less people going to private colleges.
This means that public colleges will see their quantity demand increase and private colleges will suffer a loss in demand.
Find out more on the effects of subsidies at https://brainly.com/question/484094.
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