Your Nephew Is Extremely Intelligent

question 65

Multiple Choice

Your nephew is extremely intelligent.Your family jokes with him that he is a giant nerd, not just because he is very intelligent, but because he also likes to learn and studies quite a bit.He has great social skills and enjoys joking around.What would you guess about his popularity at school?

• A)Intelligence enhances popularity in middle school for those with good social skills, so he probably is quite popular.
• B)Since he is "nerdish," he probably has very few, if any, friends.
• C)Since other students are jealous of his intelligence, he is probably not very popular.
• D)He is probably very popular since students respect intelligence, regardless of how good his social skills are.

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Definitions:

Variable Manufacturing Cost

Costs that vary directly with the level of production output, including direct materials and direct labor expenses.

Mark-Up Percentage

The percent difference between the cost of a good or service and its selling price, used to calculate the selling price from the cost.

Contribution Margins

The amount remaining from sales revenue after variable expenses are deducted, indicating how much contributes to covering fixed costs and generating profit.

Labour Hours

The total number of hours worked by employees, used for measuring productivity or calculating costs.