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The birthrate in the U.S. increases by 20%. Download the graph below and illustrate what will happen to supply and demand for college educations. Illustrate and label on the graph any shifts in supply or demand. Your labels should include D1, D2, S1, S2, E1, E2, and E3.

The birthrate in the US increases by 20 Download the graph below and illustrate what will happen to supply and demand for college educations Illustrate and labe class=

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Because the birthrate in the U.S. increases by 20%, then, the supply and demand for college educations will increase significantly to the uptrend.

What is the supply and demand for college educations?

The supply indicates the provision of college education by the schools while the demand indicates the willingness of more people to get college education.

As the birthrate increase, the demand for college educations will increase as well, thereby, increasing the supply for college educations.

Read more about Supply & demand

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