The Board of Private Schools offers numerous educational subsidies through grants and low-cost equipment to private schools. They also provide a lot of incentives to learners to attend private schools. Because of this, we expect that the equilibrium price of attending a private school will be indeterminate and the equilibrium quantity of students will go up. true or false

Felicity is studying economics and political science. She can read 30 pages of political science per hour but only 5 pages of economics per hour. This week she has a 50-page assignment in economics and a 150- page assignment in political science. Because of sorority rush, she cannot devote more than 10 hours to studying these subjects this week. She realizes she cannot complete all of her assignments but is determined to complete at least 30 pages of her economics reading. Draw a graph with pages of economics on the horizontal axis and pages of political science on the vertical axis. On this graph, show the possibilities that are consistent with the constraints that Felicity has imposed on herself, i.e. show her choice set. (She is NOT allowed to read ahead in either subject.) Label key points on your graph with their numerical values.

please answer all parts of the question.

2. What will happen to the income of pediatricians? in the early 1990s, concerns about the supply of pediatricians led to an expansion of pediatric training. As a result, the number of pediatricians is expected to grow from about 45,000 in 2005 to about 60,000 in 2022. In contrast, the number of children is expected to grow by less than 10 percent, meaning that the number of children per pediatrician should fall by 20 percent (Shipman Lurie, and Goodman 2004). The decline in the number of children per pediatrician seems likely to result in lower incomes for pediatrician. Further, this decrease may be amplified by the emergence of retail clinics that are staffed by nurse practitioners and offer convenient, walk in services for many common childhood illnesses. Model the effects of the drop in the number of children per pediatrician using per pediatrician demand and supply services. How do you expect those curve to shift over time? What impact will this shift have on the incomes of…