Does an increase in the demand for Introductory Economics increase the cost to students of taking the course?

A) No, because tuition rates are not set to clear the market.
B) Not if the college refuses to hire additional people to teach the course.
C) Yes, if the course is consequently taught in a larger room, which costs more to heat.
D) Yes, insofar as students have to accept less satisfactory class schedules in order to take the course.

D) Yes, insofar as students have to accept less satisfactory class schedules in order to take the course.

Economics

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The newest fixed exchange rate system is the

A) European Monetary System. B) euro in the European Union countries. C) Bretton Woods system. D) gold standard.

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Game theory is used to explain the pricing behavior of

A) monopolies. B) perfect competition. C) monopolistic competition. D) oligopolies.

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