Donovan and Cross (2002)reported That

question 23

Multiple Choice

Donovan and Cross (2002) reported that:

• A)Caucasian students were three to four times more likely than African American students to be identified as gifted
• B)African American students were three to four times more likely than Caucasian students to be identified as gifted
• C)Caucasian and African American were identified at the same rate.
• D)Caucasian and Hispanic students were identified at the same

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Definitions:

Economies of Scale

Cost advantages obtained due to increased production scale, where the cost per unit of production decreases with larger volume.

Cycle Inventory

The inventory a company needs to meet its average sales demand between the arrival of stock replenishments.

Total Cost

The complete cost of production or providing a service, including fixed and variable costs.

Cycle Inventory

The average inventory a business maintains to satisfy its normal demand during a production or purchasing cycle.