3 ms·
This is the correct answser if the a ton of money suddenly becomes available for something the price of that thing will increase because the amount of the thing
by kneebonian 4y ago
This is the correct answser if the a ton of money suddenly becomes available for something the price of that thing will increase because the amount of the thing hasn't changed. You see this most especially in colleges because we've established a price floor by promising every student 5k and then promising them more loans on top of that.
Then we make the loans non-dischargable and there is no real reason for a university to every place any limit on what they charge for tuition since the customer who is buying the product is not the customer paying for the product.