Tracking __________

question 80

Multiple Choice

Tracking __________.

• A) is a way of monitoring a child's academic performance to ensure that he or she is performing up to standard
• B) segregates students by perceived ability
• C) causes wealthy children to be overrepresented in the slow track
• D) is relatively rare in American education

Understand the economic reasoning behind profit maximization and loss minimization in monopolistic competition.

Understand the characteristics and implications of monopolistic competition.

Recognize the similarities and differences between monopolistic competition and other market structures such as perfect competition and monopoly.

Analyze the role of product differentiation in monopolistic competition and its impact on demand elasticity and market power.