. During the 1990s the state government of Georgia in the U.S. introduced the HOPE scholarship. Financed by the state lottery it paid students a stipend partly covering instate tuition to attend any university in the state of Georgia. The aim was to make College more affordable for Georgia's high school students. Assume that the number of college places offered by the state system is fixed.

A. Based on your knowledge of demand and supply analysis what do you expect the effect to be on enrollment numbers and tuition at Georgia's universities? Be sure to include a graph in your analysis.

B. Can we make predictions about the change in quality of students in Georgia after the introduction of the HOPE scholarship?