Examlex
Imagine that, as a teacher, you are administering a high-stakes achievement test to your students.You have three English language learners in your class, none of whom knew English before immigrating to this country: François who immigrated 9 months ago and is now getting individual tutoring in English) ; Mei-Li who immigrated 3 years ago and spent the first 2 years in a bilingual education program) ; and Maria who immigrated 7 years ago and is now doing well in her English-only classes) .Given what you've learned about the amount of time it typically takes for children to master English as a second language, which of these students has/have probably acquired sufficient knowledge of English to earn valid scores on the high-stakes test?
Cross-Price Elasticity
Cross-Price Elasticity measures how the demand for one good responds to changes in the price of another good, indicating substitute or complementary relationships.
Tea
A beverage made by steeping processed leaves, buds, or twigs of the tea plant in hot water.
Coffee
A beverage made from roasted and ground coffee beans, which are the seeds of berries from certain Coffea species, known for its stimulating effect due to caffeine content.
Price Elastic
Descriptive of a product's demand sensitivity to changes in its price; high elasticity indicates demand significantly varies with price.
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