Brian and Tamara Are Concerned Because Their 12-Month-Old Son Has

question 48

Multiple Choice

Brian and Tamara are concerned because their 12-month-old son has yet to speak his first word. What would an expert in child development most likely tell Brian and Tamara?

• A) They should be concerned because most children speak their first word before their first birthday.
• B) They shouldn't be concerned because boys develop speech much later than girls.
• C) They shouldn't be concerned because children's normal range for speaking their first word is between 8 and 18 months of age.
• D) They shouldn't be concerned because most children speak their first word after 24 months

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Definitions:

Actual Market

The existing market where a company's products or services are currently being sold, as opposed to potential new markets.

Contribution Margin

The amount by which the sale of a product or service exceeds its production and selling costs, indicating how much contributes to covering fixed costs and generating profit.

Variable Cost

A cost that varies with the level of output or production, such as materials and labor costs.

Sales Revenue

The total amount of money generated from the sale of goods and services before any costs or expenses are subtracted.