Assume that the price of first-year college tuition has become very high, and you want to recommend a price ceiling to remedy the problem. What would the consequences of such a policy be for both students and the college? Explain your reasoning.​

Excess Demand & Black Selling are consequences of Price Ceiling

Explanation:

Price Ceiling is the fixing of upper benchmark of price, above which goods & services cant be sold. It is usually fixed below the equilibrium price, to protect the interest of consumers.

Price ceiling of college tuition fee implies that - There is excess demand of college seats, as lower price implies more demand & less supply. It could also lead to prospective case of black selling, eg - college seats being supplied at higher price in the name of management quota donation (etc).

george washington =

-he was a general and comander-in-cheif he solve he solve wars

-he was intelient and physically cordnated

tohmas jefferson

james madison

james monroe

popular sovereignty   influenced the declaration of independence because the colonists wanted to have freedom to do they wanted so they put into writing