Magnet Schools Attract Students Through the Use of

question 9

Multiple Choice

Magnet schools attract students through the use of

• A)full-range athletic programs.
• B)promotions by the Parent Teacher Association.
• C)restructured boundaries for the school attendance center.
• D)special instructional programs.

---

Definitions:

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the true profitability of a company.

Accounting Profit

The difference between the total revenue received from sales and the total explicit costs of a business.

Explicit Costs

Direct payments made to others in the course of running a business, such as wages, rent, and materials.

Implicit Costs

The opportunity costs of using resources that a business already owns, representing the potential income lost in employing them in a specific task.