Update copy used in the checkbox label

Updating the copy used in the email opt-in checkbox label as per [ECOM-687](https://openedx.atlassian.net/browse/ECOM-687). This copy is pending approval from @griffresch.

@dianakhuang, could you take a quick look? This just changes the value of a string, so I don't think two reviewers are needed. I'll merge once I get sign-off from Griff.
```python
# Translators: The join of two institution names, eg, "MIT and Harvard"
_("{first_institution} and {second_institution})
```
Or "item".