According to the Gestalt Principle of ___________, We Have a Tendency

question 307

Multiple Choice

According to the Gestalt principle of ___________, we have a tendency to perceive objects that are near one another as belonging together.

• A)the law of similarity
• B)the law of proximity
• C)the law of closure
• D)the law of continuity
• E)figure-ground

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Definitions:

Product

An item or service created as a result of a process, intended for the market.

Absorption Costing

A financial tracking approach that incorporates all costs associated with producing an item, such as direct materials, direct labor, along with all manufacturing overhead costs, whether they are fixed or variable.

Markup Percentage

The percentage added to the cost of goods to achieve a selling price, representing profit margin.

Required Return

The minimum profit or yield that investors expect to receive on an investment, considering the associated risks.