What are the two touch points mentioned in ch. 1 that will be covered in Anders (2017), "You Can Do Anything: The Surprising Power of a "Useless" Liberal Arts Education"?

6.3%

explanation:

the acceptance rate for yale university is 6.3%. this means that only 6 percent of people who apply actually get accepted!

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .