An Elementary-Age Child Who Seems to Waste Time in Class

question 55

Multiple Choice

An elementary-age child who seems to waste time in class rather than working to complete assignments should be

• A) ignored and allowed to suffer the consequences.
• B) provided with a tutor so that the child can catch up.
• C) admonished in front of the class for not keeping up with the assignments.
• D) praised or given a small reward whenever he or she does complete an assignment.

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Definitions:

Economies of Scope

Cost advantages that a business experiences by producing a wider variety of products, rather than specializing in the production or provision of a single product or service.

Diseconomies of Scale

A point at which a company grows so large that the costs per unit increase with the increase in production.

Experience Curve Effects

The reduction in unit costs of production as output increases, typically due to gained efficiencies and learning over time.

Regression Analysis

A statistical method used to examine the relationship between a dependent variable and one or more independent variables.