Competition in TVs and colleges differ largely in terms of quantity, quality.
In any way, those are two totally different things you can't compare
In any way, those are two totally different things you can't compare
"Hamburgers" and "TVs" are also very different products with different cost structures, different market channels, and different competitive landscapes. But we have no trouble reasoning about how the market deals with prices of both those goods. What makes college different? If you can't answer that, you're just begging the question.