Criterion-Referenced Tests Are Most Useful for _____

question 22

Multiple Choice

Criterion-referenced tests are most useful for _____.

• A)diagnosing a learning disability
• B)determining what skills a student has learned and need to learn
• C)measuring small changes in achievement over time
• D)comparing a student's achievement with that of peers of the same age

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Definitions:

Production Costs

The total expenses incurred in the process of creating and manufacturing a product.

Substitution Effect

The economic principle that as the price of a good increases, consumers will replace it with cheaper alternatives, whereas if the price decreases, the good will become more preferable.

Output Effect

The effect that changes in the price level have on production due to the incentive for producers to increase supply when the price is higher.

Profit-maximizing

The method a company uses to identify the pricing and production volume that maximizes profit.