0
Should college education be allocated in a market system in which prices are set by supply and demand?
Wiki User
∙ 12y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What factors are behind the rising demand of education in Uganda today?
the rising demand of education in Uganda today
Explain how the market system allocates scarce resources?
Scarce resources are usually allocated to a given market system based on the demand. In most cases the resources are usually assigned to markets that have a great demand.
Is the demand for higher education income elastic income inelastic or neither?
It is likely "income elastic" because the reverse is true: the number of people seeking higher education can decrease when the cost of that education goes up (unaffordable). So with more money available to potential students, you should see a rise in the number of college applicants. This has definitely occurred during periods when government grants covered all or part of the expense.
How Resources allocated in economy?
Resources, in a free market, are allocated by buyers and sellers. Buyers determine the quantity determined by their willingness and ability to pay for the products. Prices are determined by supply and demand.
What does the demand for labor contribute to?
Demand for labor contributes to how much wages should be
How are traditional economies resources allocated?
It is allocated according the market equilibrium which is subjected to the changing market demand and market supply.
How are resources allocated in traditional economy?
It is allocated according the market equilibrium which is subjected to the changing market demand and market supply.
Become an IT Person?
If you are concerned about getting a job after college, then you may want to consider becoming an IT person. There is a great demand for IT professionals in academic atmospheres. You should major in education technology at a school if this could be the right career for you. Education technology will offer you plenty of job opportunities.
Are teaching jobs in the U.S.A in demand?
Yes, teaching jobs in the U.S.A. are in demand. They do require a college education. Also, although they are in demand, teaching positions in the U.S.A. often do not offer high pay unless one teaches at a university level.
You want your son to find his independence and go to a separate college then his girlfriend Should you demand this happen if you are paying?
Absolutely not! Providing your son with an education is not something you should use as a manipulative device to get what you want out of him. Instead, you should let him go to the college of his choice. Chances are, he'll meet new people, grow, mature, and eventually move on from his current girlfriend if it's not meant to be.
What factors are behind the rising demand of education in Uganda today?
the rising demand of education in Uganda today
What did W.E.B. Du Bois believe?
Blacks should demand equality and civil rights.
What has the author W P Birkett written?
W. P. Birkett has written: 'The demand for and supply of external reporting education' 'The demand for and supply of treasury education' 'The demand for and supply of management accounting education'
Is demand of education elastic or inelastic?
The demand for education is generally considered to be inelastic. This is because education is seen as a necessity and essential for personal and career development, so changes in price have limited impact on the overall demand for education.
What has the author Noemi Ilona Maria Stokes written?
Noemi Ilona Maria Stokes has written: 'University or college? Institutional demand for higher education in Canada'
What product demand by a college student?
demand?maybe clothes..
Do education programs for gifted students adequately prepare the students for college life?
These programs definatly help with the academic portion of college life. However, it cannot help with the social aspect of attending classes and the extra curricular demand of college life.
