Data from the registrar's office at Gigantic State University indicate that over the past 20 years tuition
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Question:
Data from the registrar's office at Gigantic State University indicate that over the past 20 years tuition and enrollment have both increased. From this information we can conclude that:
A. higher education is an exception to the law of demand.
B. the supply of education provided by GSU has also increased over the 20-year period.
C. school-age population, incomes, and preferences for education have changed over the 20-year period.
D. GSU's supply curve of education is downsloping.
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