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Let us say the Canadian government takes to heart the student's complaints about what happened during the COVID-19 pandemic (the universities moved mo st classes
Let us say the Canadian government takes to heart the student's complaints about what happened during the COVID-19 pandemic (the universities moved mo st classes online to be taught remotely via Zoom but did not reduce the tuition as many people argued the universities should have) and passes a regulation that prohibits a university to have more than 3% of their classes online. How would that regulation inuence the elasticity of the demand for university instructors (i.e., would it make the demand more or less elastic [or maybe, it will have no effect?]). Explain as clearly as possible (I think 80-250 words would do it, and a graph may help but not necessary)
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