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Prodigy Placement Is a Private Elementary School Located in the Center

question 85

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Prodigy Placement is a private elementary school located in the center of Manhattan. Students at the school are considered in the top 1% of their age group in terms of IQ scores and aptitude. Parents who want to send their children to the school must get on a waiting list as soon as the child is 12 months old and must make a deposit of $5,000 to the school in order to hold the child's "application" until they reach the age of 5 years. Emma's parents put her on the waiting list at the age of 1 year and paid the deposit; however, when Emma became five years old, she did not want to attend the school even though she tested above the requirement. Her parents made the decision to enroll her for the upcoming school year. In this case, Emma ___ part of the market for Prodigy Placement, and her parents ____ part of the market


Definitions:

Maximum Security Institution

A highly secure prison designed to house the most dangerous offenders and prevent escapes.

Design Capacity

The maximum amount of work or throughput that a system, facility, or product was designed to handle effectively.

Correctional Supervision

A system of oversight for individuals who have been convicted of crimes, which can include incarceration, probation, and parole, aiming to rehabilitate offenders and protect the public.

Women's Prison

A detention facility specifically designated for the incarceration of female offenders.

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