All the Following Are Recommended Group Sizes for Child Care

question 31

Multiple Choice

All the following are recommended group sizes for child care centers EXCEPT

• A) 15 to 20 per group for older children.
• B) 6 to 12 per group for toddlers.
• C) 6 to 8 per group for toddlers.
• D) 6 to 8 per group for infants.
• E) Overall group size doesn't matter as long as the teacher/child ratio is appropriate.

Analyze the concept of price discrimination, including its conditions and outcomes.

Recognize the economic implications of monopoly on long-run profit potential and market entry barriers.

Identify and understand different sources and consequences of natural monopoly.

Examine the absence or presence of supply curves in monopolistic markets.

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Definitions:

Transfer Price

The price at which divisions of a company transact with each other, such as the trade of supplies or labor between departments.

Operating Income

The profit earned from a firm's normal core business operations, excluding deductions of interest and tax.

Unused Capacity

The portion of a company's resources or assets that remains unutilized or underutilized, not contributing to production or output.

Return on Investment

A measure of the financial gain or loss on an investment relative to the amount of money invested, expressed as a percentage.