The impact of vouchers on the market for private school students can be analyzed through the lens of supply and demand. Initially, the market operates under a pre-voucher equilibrium where the price and quantity of private school seats are determined by the interplay of supply and demand. After the introduction of vouchers, the market dynamics change.

For parish members, vouchers make private schooling more affordable, resulting in an increased demand for private school seats. Non-members, on the other hand, may also experience a shift in demand depending on their willingness to switch from public to private schools due to the availability of vouchers. These shifts in demand influence the post-voucher equilibrium, leading to changes in the price and quantity of private school students.

The specific impact on price and quantity will depend on the magnitude of the demand shifts. Generally, both parish members and non-members are expected to pay lower prices compared to the pre-voucher prices. However, the prices received by schools may vary depending on the extent of the demand shifts. It is important to note that this analysis provides a simplified perspective and does not consider other factors such as seat availability, educational quality, or external influences on the market.

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The analysis of the impact of vouchers on the private school market through supply and demand is a g... View the full answer