Many Advancements in Teaching and Learning Are Due in Large

question 21

Multiple Choice

Many advancements in teaching and learning are due in large part to

• A) the accumulation of traditional practices.
• B) philanthropic contributions.
• C) the research of educational psychologists.
• D) suggestions from parents and school board members.

---

Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, including rent, salaries, and insurance premiums.

Variable Costs

Expenses that change in proportion to the amount of production or business operations.

Cost Estimation Methods

Techniques used to predict the expenses likely to be incurred in the manufacturing of a product or the execution of a project.

Cost Equation

An equation used to estimate costs, typically in the form of fixed costs plus variable costs times the number of units.