If a Two-Year-Old Says, "Water Go," and the Parent Responds

question 285

Multiple Choice

If a two-year-old says, "Water go," and the parent responds with either "Where did the water go" or "Yes, the water goes down the drain," the parent is

• A)using the linguistic strategy of "Q-and-A."
• B)seeking to clarify what was said and prompt the child to say more.
• C)using language irregularities.
• D)using telegraphic speech to expand the child's conversational style.

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Definitions:

Break-Even Quantity

The number of units that must be sold for total revenues to equal total costs, resulting in no profit or loss.

Fixed Costs

Business expenses that remain constant regardless of the level of production or sales activities.

Marginal Cost

The additional cost incurred by producing one more unit of a particular good or service.

Sunk Cost

Expenses that have already been incurred and cannot be recovered, which should not influence future business decisions.