=+e. Suppose that instead of this teacher salary initiative, the city government decides to channel its public
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=+e. Suppose that instead of this teacher salary initiative, the city government decides to channel its public school investment initiative into hiring more public school teachers (as the city government is simply recruiting additional teachers from other states) and thus reducing class size. Assuming that this has no impact on the equilibrium salaries for teachers but does cause parents to feel more positively about public schools, how will the private school market be impacted in the short and long run?
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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