Which of the Following Is a Mnemonic Device

question 117

Multiple Choice

Which of the following is a mnemonic device?

• A) Link method.
• B) Method of loci.
• C) Acrostics.
• D) All of these.

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Definitions:

Profit Sharing

A company policy wherein employees receive a share of the profits of the business, which serves as a motivation and reward for their performance.

Cartel Output

The total production level agreed upon by members of a cartel, aimed at maximizing their collective profits by controlling supply.

Demand Schedule

A table or graph displaying the quantity of a good or service that consumers are willing and able to purchase at various price points within a given time frame.

Collude

To agree secretly among competitors to fix prices, bids, or terms of sale in order to manipulate a market.