One Advantage of Customized Achievement Tests Over Standardized Tests Is

question 7

Multiple Choice

One advantage of customized achievement tests over standardized tests is that customized achievement tests

• A)are more readily adapted.
• B)are based on more adequate norms.
• C)contain more adequate rules for administration.
• D)provide more reliable test scores.

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Definitions:

Profit-Maximizing

A strategy firms adopt aiming to produce the quantity of goods or services that leads to the highest possible profit.

Average Variable Cost

The variable cost per unit of output, calculated by dividing total variable costs by the quantity of output produced.

Output

The total amount of goods or services produced by a company, industry, or economy within a particular period.

Economic Profit

The difference between total revenue and total economic costs (including both explicit and implicit costs), reflecting the true economic performance of a company.