Which Item Below Is the Best Example of a Generalization

question 4

Multiple Choice

Which item below is the best example of a generalization?

• A) The black widow spider has eight legs.
• B) Canadian author Alice Munro won the 2013 Nobel Prize for Literature.
• C) The star closest to earth is Proxima Centauri.
• D) People who live in cities are fearful of crime.

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Definitions:

AFC

Average Fixed Cost (AFC) is the fixed costs of production (such as rent, salaries, machinery) divided by the quantity of output produced.

Fixed Costs

Costs that remain constant regardless of the level of production or output, such as rent, salaries, and loan repayments.

Maximum Amounts

The highest allowable or possible quantity or number in a given set of circumstances or regulations.

Variable Costs

Expenses that vary in relation to the amount of activity or production volume within a company.