A Culture Fair Test Is Best Defined as One That

question 34

Multiple Choice

A culture fair test is best defined as one that

• A)completely eliminates cultural bias from testing.
• B)can be administered to children from more than one culture.
• C)includes questions that are equally familiar or unfamiliar to children from all cultures.
• D)includes questions about all cultures.

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Definitions:

Profit

The financial gain achieved when the revenue from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Marginal Cost

The escalation in cumulative price involved in fabricating one extra unit of a product or service.

Average Revenue

The amount of income generated per unit of sale or service offered, calculated by dividing total revenue by the number of units sold.

Profit Maximizes

The process by which a firm determines the price and output level that leads to the highest profit.