Draw the supply and demand curve, the curve also it is also mandatory: Consider the impact of

Draw the supply and demand curve, the curve also it is also mandatory:

Transcribed Image Text:

Consider the impact of each of the following events on the supply and demand for private residential university. For each case indicate whether the supply curve changes, demand curve, neither or both. 1. Decrease in the size of the population cohort of 18 year olds. 2. Increase in the price of electricity. 3. Decrease in faculty salaries. 4. Increase in tuition at public universities. Consider the impact of each of the following events on the supply and demand for private residential university. For each case indicate whether the supply curve changes, demand curve, neither or both. 1. Decrease in the size of the population cohort of 18 year olds. 2. Increase in the price of electricity. 3. Decrease in faculty salaries. 4. Increase in tuition at public universities.