The Type of Assessment That Demonstrates Students Understanding by Solving

question 20

Multiple Choice

The type of assessment that demonstrates students understanding by solving a problem or performing a task in the real-life context of their classroom is called:​

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

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Definitions:

Negative Profits

A financial condition also known as losses, occurring when a company's expenses exceed its revenues.

Profit-Maximizing

The strategic process used by businesses to determine the price and output level that generates the most profit.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a specified period of time.

Long Run

A period in which all factors of production and costs are variable, allowing firms to adjust to meet changes in the market.