Refer to the Short-Run Information Provided in Figure 8

question 3

Multiple Choice

Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow

Figure 8.5
-Refer to Figure 8.5. If six drones are produced, total variable costs are

• A) $10.
• B) $13.33.
• C) $70.
• D) $80.

---

Definitions:

Reliability

The degree to which test scores are free from errors of measurement, also, the capacity of an instrument to provide consistent results. See “test-re-test,” “alternative forms,” and “internal consistency”.

Validity

The degree to which all of the accumulated evidence supports the intended interpretation of test scores for the intended purpose. Validity is a unitary concept that attempts to answer the question: How well does a test measure what it’s supposed to measure?

Guilford's Cognitive

Refers to a model developed by psychologist Joy Paul Guilford that categorizes human intelligence into operations, contents, and products.

Functions

In mathematics, functions are defined as relationships between a set of inputs and a set of permissible outputs, where each input is related to exactly one output.