Which Actions Taken by College Administration Prevent Markets from Equilibrium?

Question: Which three of the following are examples of actions taken by the administration of your college or university, whose effect is to prevent specific markets from reaching equilibrium? Answer: The three examples of actions taken by the administration of a college or university are: 1. Restricting the number of students allowed to take a course 2. Charging tuition fees 3. Charging for use of the university printers

Actions Preventing Market Equilibrium:

Restricting the number of students allowed to take a course: By limiting the number of students who can enroll in a course, the administration creates a situation where demand exceeds supply. This prevents the market for course enrollment from reaching equilibrium.

Charging tuition fees: Charging tuition fees introduces a price barrier and can impact the equilibrium of the market for education. It may limit access to education based on individuals' ability to pay, thereby affecting the equilibrium between supply (available education resources) and demand (students' desire for education).

Charging for use of the university printers: By charging for printer usage, the administration introduces a cost factor that affects the equilibrium in the market for printing services. This cost may alter the demand and utilization of printing resources, impacting the equilibrium between supply (available printing services) and demand (students' printing needs).

The provision of handouts of lecture slides free of charge does not inherently prevent a specific market from reaching equilibrium as it does not introduce any direct constraints or distortions on supply or demand. Similarly, parking places for the president of the college may not necessarily impact market equilibrium unless it creates an imbalance or scarcity that affects other stakeholders or resources in the university environment.

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