Excess Capacity Often Leads Firms to Cut Prices to Attract

question 55

True/False

Excess capacity often leads firms to cut prices to attract new business.

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Definitions:

Bilingual Education

A strategy in which school subjects are taught in both the learner’s original language and the second (majority) language.

ELL Program

An ELL Program (English Language Learner Program) is an educational curriculum designed to help students who are not native English speakers achieve fluency in English.

ESL Program

An educational framework designed to help non-native speakers improve their proficiency in English.

Simile

A figure of speech that compares two unlike entities, using words such as "like" or "as" to highlight similarities.