Ray Was Given a Long List of Food Words to Memorize,and

question 103

Multiple Choice

Ray was given a long list of food words to memorize,and when he was asked to recall those words he started listing them in a different order than they had originally been listed.He first listed all the words that were names of fruits,then the names of all the dairy products,and so on.What do we call this tendency to group items into logical patterns

• A) clustering
• B) flashbulb memory 
• C) source monitoring
• D) spreading activation

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Definitions:

Fixed Costs

Fixed expenses unaffected by variations in production or sales levels, like rent, wages, and insurance.

Target Income

The profit amount that a company aims to achieve within a specific period.

Required Sales

The volume of sales necessary to achieve a specific financial objective, such as covering costs or reaching a target profit.

Contribution Margin

It is the amount by which sales revenue exceeds variable costs. It contributes towards covering fixed costs and generating profit.