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How Do Occupational Expectations Develop

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How do occupational expectations develop?


Definitions:

Marginal Rate

The rate at which one variable changes with respect to a minute change in another variable.

Cheese Doodles

A popular snack food made from cornmeal, cheese coating, and often baked or fried.

Supply Curve

A graphical representation that shows the relationship between the price of a good and the quantity supplied by producers.

Demand for DVDs

The total quantity of DVDs that consumers are willing and able to purchase at a given price level over a specific period of time.

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