...students want to attend, but ...? colleges are willing to accept only 3 million. What happens?
A. There is a surplus in the market for college education.
B. There is a shortage in the market for college education.
C. There is neither a surplus nor a shortage in the market for college education.
A. There is a surplus in the market for college education.
B. There is a shortage in the market for college education.
C. There is neither a surplus nor a shortage in the market for college education.