What Are the Benefits of Assigning a Group of Students

question 6

Multiple Choice

What are the benefits of assigning a group of students to a team of teachers?

• A)The school as one large learning community
• B)Smaller learning communities within schools.
• C)Simplicity of class schedules
• D)Variety of classes that can be scheduled.

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Definitions:

Consumer Surplus

The discrepancy between the total price consumers are ready to pay for a good or service and what they actually pay for it.

Producer Surplus

The disparity between the price at which sellers are prepared to offer a product and the actual selling price they get.

Consumer Surplus

The difference between the highest amount a consumer is willing to pay and the actual price paid.

Supply Shift

A change in the quantity of a good that suppliers are willing and able to sell at each price, represented by a shift of the supply curve to the left or right.