More than 10,000 people waited in line for more than two hours to see a titan arum (a rare flower) at cambridge's botanic garden. an economist would conclude that: people felt they got great benefit from seeing the flower. some things do not have a cost because people do not have to pay for them. social forces are sometimes more important than market forces. people did not know that they should ignore sunk costs in reaching decisions.?

Southeastern oklahoma state university's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. however, in an effort to limit class sizes to a "reasonable" level (under 200 generally), southeastern's dean, holly lutze, placed a ceiling on enrollment of 1,600 new students. although there was ample demand for business courses last semester, conflicting schedules allowed only 1,440 new students to take business courses.the utilization rate for southeastern=%the efficiency rate for southeastern=%