Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

How will an increase in state subsidies to public colleges affect the market for public and private colleges?.

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.