Tests Are Intended to Measure What Has Actually Been Learned

question 142

Multiple Choice

tests are intended to measure what has actually been learned.

• A) Achievement
• B) Standardized
• C) Predictive
• D) Placement

---

Definitions:

Price Elasticity

A measure of the sensitivity of quantity demanded or supplied to changes in price.

Substitutes

Pairs of goods for which a rise in the price of one of the goods leads to an increase in the demand for the other good.

Related Diversification

Is used when a corporation believes it can achieve synergy among the various businesses that it owns.

Unrelated Diversification

Unrelated diversification is a corporate strategy involving a firm expanding into business activities that are different from its current operations or markets, aiming to reduce risk through diversification.