Which of the Following Is True

question 464

Multiple Choice

Which of the following is true?

• A) Public school administrators have strong economic incentives to operate efficiently.
• B) Increasing the competition between public and private schools tends to lower both the cost and quality of schools.
• C) Competition between public and private schools is relatively low at the elementary and secondary level.
• D) Competition among schools is less intense at the college level than is the case at the elementary and secondary level.

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Definitions:

Oral Contract

An agreement between parties that is spoken and not formally recorded in writing, yet is still legally binding under certain conditions.

Written Contract

A legally binding agreement documented in written form between parties, outlining terms and conditions.

Single Document

A term for an item typically consisting of written content on a single piece of paper or digital file, serving a specific informational or operational purpose.

Customized Goods

Products that are specifically made to the order and specifications of a customer.