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(Solved): New to econ. Can someone demonstrate how this would be graphed? Also, can you explain how you came t ...



a. Demonstrate the situation described with supply and demand curves, carefully labeling any excess supply or demand for collNew to econ. Can someone demonstrate how this would be graphed? Also, can you explain how you came to this answer?

a. Demonstrate the situation described with supply and demand curves, carefully labeling any excess supply or demand for college admissions. b. What is the market solution to the excess demand for college? c. What is a possible reason the market solution was not pursued?


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a. The situation described can be illustrated with a simple supply and demand graph for college admissions. The demand curve for college admissions re
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