It is argued that, with a rising demand for college education, if the supply were to become more elastic, then college tuition costs would

A) rise faster.
B) decrease slowly.
C) increase more slowly.
D) decrease steeply.

College Tuition

The fee that students pay to attend a college or university, covering costs such as instruction, facilities, and sometimes room and board.

Supply

The total amount of a specific good or service that is available to consumers at a given price level and time.

Elastic

Describing a situation where the demand or supply for a good or service is sensitive to changes in price.