The supply of seats for a psychology class at 10 a. m. is the same as the supply of seats for the same class at 2pm lo5 mo1 there is a surplus of seats for the class at 2 p. m. and there is a shortage of seats in the 10 a. m. class. if tuition does not vary by time of day, it follows that the demand for the 10 a. m. class is the demand for the 2 p. m. class, ceteris paribus.
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