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Caleb Is the Superintendent of a Small School District in a Rural

question 125

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Caleb is the superintendent of a small school district in a rural area of Iowa with a population of 2,500 people. The school district participates in a wide variety of sports for girls and boys including softball, baseball, basketball, volleyball, track, wrestling, and cross country. Students may also be a member of over 12 clubs and organizations sponsored by the school. The school typically rates highly on state-wide tests and approximately 80% of high school graduates attend college. However, Caleb has difficulty in recruiting faculty to teach foreign language, physics, calculus, and computer science classes. It's difficult to recruit these teachers because they are in high demand and are often attracted to larger school districts that can provide higher salaries. Caleb knows the importance of STEM (science, technology, engineering, and math) to the United States and is concerned that the district may fall behind in its ability to prepare students for their future. In addition, Caleb hopes to increase the number of graduates who attend college since college degrees enable students to pursue careers with higher salaries and benefits. Assume that you are helping Caleb conduct a SWOT analysis. The district's inability to compete with larger school systems that can pay higher starting salaries to teachers certified in foreign language, calculus, physics, and computer science would be categorized as a(n) :

Definitions:

Linear

Pertaining to a relationship or equation that can be graphically represented in a straight line, indicating a constant rate of change.

Upward-Sloping

Describes a line or curve on a graph that increases in height as it moves from left to right, often used to represent the increase in price with an increase in quantity supplied.

Marginal Cost Curve

A graphical representation showing how the cost of producing one more unit of a good changes as the production volume is increased.

Short-Run Supply

The total quantity of goods and services that producers are willing and able to sell at a given price in the short term, considering some inputs as fixed.