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"Teach For America provides a critical source of well-trained teachers who are helping break the cycle of educational inequity.These teachers,called corps members,commit to teaching for two years in one of 39 urban and rural regions across the country,going above and beyond traditional expectations to help their students achieve at high levels. "Teach For America's 20,000 alumni are playing critical leadership roles in the effort to improve the quality of public education in low-income communities.Armed with the experience,conviction,and insight that come from leading children to fulfill their potential,our alumni are working from all sectors to shape our schools,policies,and investments in low-income communities."
What objective might Teach For America have,based on this description of its company mission?
Cross-Price Elasticity
A measure of how much the quantity demanded of one good responds to a change in the price of another good, indicating the relationship between the goods (substitutes or complements).
Substitutes
Goods or services that can be used in place of each other; when the price of one increases, the demand for the other is likely to increase.
Complements
Complements are goods or services that are used together, where the increase in the consumption of one leads to an increase in the consumption of the other.
Price Elasticity
An index indicating how the amount of a product demanded or supplied changes in response to a price variation.
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