Question: Q Search this course CENGAGE | MINDTAP MindTap Assignment 2: Chapters 3 & 4 Admission to the University of Calgary Supply O Demand Supply TUITION


Q Search this course CENGAGE | MINDTAP MindTap Assignment 2: Chapters 3 & 4 Admission to the University of Calgary Supply O Demand Supply TUITION (Thousands of dollars) Demand 00 CO 10 12 NUMBER OF STUDENTS (Thousands) The equilibrium level of tuition at UCalgary is|$ per academic year. If UCalgary sets its tuition at this price, the number of openings available will be the number of student applications. Now suppose that the tuition for UCalgary is set at $22,000. At this level of tuition, the number of student applications will be the number of openings available
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