Referential Style Refers To

question 84

Multiple Choice

Referential style refers to:

• A)tending to analyze the speech stream and first uttering isolated, monosyllabic words.
• B)beginning to talk comparatively quite late but then suddenly saying a large number of words,
• C)joining in adult conversations with perfect intonational patterns but few recognizable words.
• D)spending a great deal of time attempting to determine what adults are speaking about

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Definitions:

Implicit Costs

The opportunity costs of using resources owned by the firm for its own use rather than selling those resources.

Explicit Costs

Direct, out-of-pocket payments for resources employed by firms for production, such as wages or rent.

Accounting Profit

The net income a company reports on the financial statements, calculated by subtracting total expenses from total revenues.

Economic Profit

The variance between what a business earns in total and what it spends, counting both actual expenses and notional costs.