What Type of Assessment Is a Standardized Achievement Test Administered

question 6

Multiple Choice

What type of assessment is a standardized achievement test administered to elementary and secondary students near the end of the school year?

• A) placement assessment
• B) formative assessment
• C) summative assessment
• D) diagnostic assessment

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Definitions:

Market Demand Curve

A graphical representation showing the quantity of goods consumers are willing and able to buy at various prices within a given timeframe.

Law of Demand

An economic principle stating that as the price of a good or service increases, the demand for it decreases, and vice versa, all else being equal.

Perfectly Competitive Markets

Markets characterized by many buyers and sellers, homogenous products, freedom of entry and exit, and perfect information, where no single participant can influence the market price.

Law of Demand

The principle that, all else being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.