What Is the Distinction Between an Intelligence Test and an Achievement

question 50

Multiple Choice

What is the distinction between an intelligence test and an achievement test?

• A) There is no difference; they are two terms for the same thing.
• B) An intelligence test measures verbal comprehension, while an achievement test never does.
• C) An intelligence tests measures what a person already knows, while an achievement test measures the highest level of learning they could achieve.
• D) An intelligence test measures a person's capacity to learn, while an achievement test measures what a person has already learned and retained.

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Definitions:

Elastic Demand

A situation where the demand for a product or service significantly changes in response to a change in its price.

Substitutes Availability

The presence of alternative products or services that consumers can turn to when the price of a good increases or its quality decreases.

Supply Curves

A graph that shows the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale at that price.

Long-Run Supply

The relationship between the price of a product and the quantity of the product a firm is willing to supply, considering all inputs are variable and adjusting to new market conditions over time.