A Test Item That Requires the Child to Name a Picture

question 33

Multiple Choice

A test item that requires the child to name a picture is probably assessing

• A) motor behavior
• B) generalization
• C) abstract reasoning
• D) vocabulary.

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Definitions:

Price Elasticity

A measure indicating the extent to which the demand for a merchandise changes following a price adjustment.

Short Run

A period in economics during which at least one input is fixed and cannot be changed by the firm.

Long Run

A period in which all factors of production and costs are variable and companies can enter or exit an industry.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various price levels at a given time.