When Information in Long-Term Memory (LTM) Is Organized According to a Clustering

question 227

Multiple Choice

When information in long-term memory (LTM) is organized according to a clustering principle, it means that ​

• A)items that occurred close together in time are grouped together in LTM.
• B)related items tend to be remembered in groups or categories. ​
• C)words that look alike are grouped together in LTM. ​
• D)people create a network of nodes in LTM, with links to related concepts. ​

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Definitions:

Contribution Margin

The difference between sales revenue and variable costs, measuring the ability of a business to cover its fixed costs.

Sales Mix

Sales mix is the proportion of different products or services that a company sells, reflecting the variety of sales contributing to total revenue.

Units Sold

The total quantity of products or goods sold by a company during a specific period.

Relevant Range

The scope of activity levels within which the assumptions about fixed and variable costs in cost-volume-profit analysis remain valid.