An Increase in Professors' Salaries Increases the Supply of College

question 85

True/False

An increase in professors' salaries increases the supply of college education.

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Definitions:

Express Contract

A clearly stated agreement between parties where terms are explicitly stated either orally or in writing.

Personal Sports Trainer

A professional who designs and implements workout programs tailored to the fitness goals and needs of individuals.

Promisor

A person who makes a promise.

Promisee

The person to whom a promise is made or who stands to benefit from the fulfillment of the promise.