In What Way Does an Extern Model Benefit a Student?​

question 15

Multiple Choice

In what way does an extern model benefit a student?​

• A)​Provides student with an opportunity to observe ongoing activities in his or her major field of study and to interact with individuals on the job
• B)​The extern experience is of long duration and thus gives the student plenty of time to enjoy the experience
• C)​Provides the student with the opportunity to spend more time in a workplace and is more work-experience oriented
• D)​Students gain course credits

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Definitions:

Marginal Utility

The change in satisfaction or utility an individual gains from consuming an additional unit of a good or service.

MU/P Ratio

The MU/P Ratio stands for the marginal utility to price ratio, used in economics to analyze consumer choice by comparing the additional satisfaction (utility) received from an increase in consumption of a good relative to its price.

Marginal Utility

The alteration in pleasure or usefulness a person receives from using an extra unit of a product or service.

Laws of Economics

Fundamental principles that govern economic behavior and interactions, such as supply and demand, cost-benefit analysis, and incentives.