Dr Kruze Gave His Physics Class an Exam Last Week

question 142

Multiple Choice

Dr. Kruze gave his physics class an exam last week. Many of his students complain that the exam did not test them on any of the material they learned in lecture. The students are suggesting the exam had poor:

• A) content validity.
• B) face validity.
• C) construct validity.
• D) convergent validity.

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Definitions:

Demand Function

A mathematical expression that shows the relationship between the quantity of a good that consumers are willing and able to purchase and its price, along with other determinants of demand.

Profit-Maximizing

The process or strategy by which a firm determines the price and output level that returns the greatest profit.

Monopolist

A market participant that is the sole provider of a good or service, giving them significant control over pricing and market conditions.

Variable Costs

Expenses that change in proportion to the activity of a business.