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Identify the Six Forms of Outcome Measures,the Six Levels of Outcome

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Identify the six forms of outcome measures,the six levels of outcome measurement,and measures of each.What levels primarily assess learning and which ones are appropriate to assess transfer of learning?


Definitions:

Extensive Economies of Scale

Refers to reductions in per-unit cost as the size of a firm or its level of production increases.

Marginal Revenue

The additional income from selling one more unit of a good; it is the change in total revenue that comes from selling an additional unit.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing to buy at various prices.

Coefficient of Price Elasticity

A measure of the responsiveness of the quantity demanded of a good to a change in its price.

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