The Type of Assessment That Comes at That End of a Unit

question 1

Multiple Choice

The type of assessment that comes at that end of a unit or course is called:​

• A) ​formative assessment.
• B) ​summative assessment.
• C) ​testing.
• D) ​performance assessment.

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Definitions:

Price System

An economic system where the prices of goods and services are determined by supply and demand, guiding the allocation of resources and goods.

Signals

Indicators or signs that provide information or hints, often used in the context of markets to indicate trends or investment opportunities.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at various prices.

Decrease In Demand

A downward shift in the demand curve for a product, indicating that consumers now desire less of the product at each price level.