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Tobias comes from an economically disadvantaged background, and he has typically performed poorly in school.His parents are sensitive to his needs and wonder if a change in teaching style would be beneficial.According to Good and Brophy, what type of teacher should they look for to increase Tobias's success?
Long-Run Industry Supply
The relation between the price of a good and the total output produced by an industry once all adjustments have been made.
Economic Profit
The difference between total revenues and total costs, including both explicit and implicit costs.
Economic Profits
Profits that exceed the costs of all inputs, including both explicit costs (like wages and materials) and implicit costs (like the opportunity cost of capital).
Industry Equilibrium
A state where supply and demand in an industry are balanced, leading to stable prices and quantities.
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