Which of These People Would NOT Make a Good Mentor

question 33

Multiple Choice

Which of these people would NOT make a good mentor?

• A) Fred, a student who already took a class that you are in now
• B) Professor Rodriguez, an instructor in your major
• C) Shima, an older cousin who graduated from your school a few years ago
• D) Harue, a classmate taking several of the same courses as you

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Definitions:

Short Run

A period in economics during which the quantity of at least one input (such as plant size) is fixed and cannot be changed.

Long Run

A period in economics sufficient for all markets to adjust to equilibrium, including the adjustment of all production factors and prices of inputs.

Cross-Price Elasticity

A measure of how the demand for one good changes in response to a change in the price of another good.

Substitutes

Products or services that can be used in place of one another; when the price of one increases, the demand for the other may increase as consumers switch to the cheaper option.