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Claim: "Caring About Students Is a Necessary Condition for Being

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Claim: "Caring about students is a necessary condition for being a good teacher." Objection: "Lots of people care about students and still aren't good teachers." Does this objection show that the claim is wrong?


Definitions:

Resource Prices

The costs associated with acquiring the inputs needed for production, including raw materials, labor, and capital.

Industry Expands

The process of growth within a particular sector due to factors like increased demand, technological advancements, or entry of new businesses.

Competitive Price-taker Market

A market structure where sellers accept the market price as given, having no control over it due to perfect competition.

Long-run Equilibrium

A state in which all factors of production and costs are variable, allowing firms to enter or exit the market, ultimately resulting in no economic profit for the firms in a perfectly competitive market.

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