Which of the Following Branches of Psychology Can Be Applied

question 111

Multiple Choice

Which of the following branches of psychology can be applied to various other fields such as law, healthcare, business, and academics?

• A) Forensic psychology
• B) Cognitive psychology
• C) Social psychology
• D) Developmental psychology

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Definitions:

Variable Costs

Variable costs are expenses that change in proportion to the activity of a business.

Financial Break-Even

The point at which total revenues are equal to total fixed and variable costs, resulting in a net income of zero.

Soft Rationing

Internal limitations set by a company on the amount of funds allocated for new investments or projects.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, demonstrating the proportion of fixed versus variable costs a company has.