What Is the Flynn Effect

question 4

Multiple Choice

What is the Flynn effect?

• A) Once a person knows his IQ, he stops trying to excel academically.
• B) The idea that standard intelligence tests are flawed when they are used to compare ethnic groups.
• C) The observation that each generation has a significantly higher IQ than the previous generation.
• D) The observation that each generation has a significantly lower IQ than the previous generation.

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Definitions:

Drag on Profits

Factors or expenses that reduce the overall profitability of a business.

Split-off Point

The stage in a manufacturing process where multiple products are derived from a single raw material or process, making the costs attributable to each product identifiable.

Avoidable Fixed Costs

Costs that can be eliminated if a particular business segment or operation is discontinued.

Joint Products

Two or more products that are generated from a common set of inputs through a single manufacturing process.