Using Different Words for Two Very Similar Objects Enables People

question 55

Multiple Choice

Using different words for two very similar objects enables people to recognize conceptual distinctions between the objects. This illustrates

• A)telegraphic speech.
• B)linguistic determinism.
• C)fixation.
• D)the representativeness heuristic.

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Definitions:

Contribution Format

A type of income statement presentation that separates fixed and variable costs, allowing for an easier assessment of how changes in volume affect profitability.

Contribution Format

A way of presenting income statements where variable costs are deducted from sales to find the contribution margin, then fixed costs are deducted to find net operating income.

Break-even Point

The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.

Unit Sales

The total quantity of products sold within a specific period, not accounting for price or cost.