Prototypes Refer to

question 212

Multiple Choice

Prototypes refer to

• A)members of a social category who best represent the attributes of that category.
• B)our unique personal characteristics, such as our interests, abilities, and traits.
• C)our perception that we belong to various social groups, such as our gender, nationality, and so on.
• D)the most typical attributes embodied by members that belong to a social category.
• E)social categories that we use to categorize people such as gender, religion, and so on.

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Definitions:

Contribution Format

A type of income statement format that separates variable costs from fixed costs to highlight the contribution margin.

Break-even Point

The financial point at which total revenue exactly matches total costs; neither profit nor loss is realized.

Dollar Sales

The total revenue generated from the sale of goods or services, expressed in monetary units.

Contribution Margin Ratio

A financial indicator demonstrating the proportion of sales income that is not absorbed by variable expenses, hence aiding in the coverage of fixed costs.