If a college sets its tuition __________ the equilibrium tuition, then it will have to use some form of nonprice-rationing device to determine who will be accepted for admission to the college. Group of answer choices a. above
b. below
c. equal to
d. all of the above
If a college sets its tuition below the equilibrium tuition, then it will have to use some form of non price-rationing device to determine who will be accepted for admission to the college.