Labels Such as "Gifted," "Average," or "Deficient" That Are Placed

question 18

Multiple Choice

Labels such as "gifted," "average," or "deficient" that are placed on students by schools

• A)reflect their innate abilities combined with their work ethic.
• B)may reflect their school work but also reflect students' social background.
• C)have little effect on students' performance or future.
• D)keep students in school longer because schools treat them according to their individual abilities.

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Definitions:

Cost Per Unit

The total cost incurred in producing, manufacturing, or acquiring a single unit of a specific good or service.

Profit Maximization

The approach a business takes to determine the pricing and output that lead to the utmost profit.

Production Function

Describes the technological relationship between the quantity of inputs used and the quantity of output produced.

Production Function

An equation that describes the maximum amount of output that can be produced with a given set of inputs.