In Several Cities Around the Country, Schools Are Paying Cash

question 230

Multiple Choice

In several cities around the country, schools are paying cash awards to students who do well on English and Math tests. This practice highlights the idea of:

• A) pedagogical economics-the continuous assessment of student performance in an effort to maximize student efficiency.
• B) hidden costs-the costs borne by taxpayers in the form of wasteful school spending.
• C) incentives-the rewards and penalties that motivate behavior.
• D) screening theory-the identification of individuals or groups based on various performance measures.

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Definitions:

Nonstore

Retail operations that sell products outside of a traditional physical store setup, including online, mobile, and catalog sales channels.

Internet Retailing

The selling of goods and services through the internet, encompassing various e-commerce platforms and websites.

Product Mix

The variety of products or services offered by a company, considering diversity in type, size, and other characteristics.

Automatic Merchandising

The use of self-service machines or kiosks, such as vending machines, for selling products directly to consumers without human interaction.