__________ Is the Understanding That an Object Retains Certain Properties

question 107

Multiple Choice

__________ is the understanding that an object retains certain properties even though surface features change.

• A)Reversibility
• B)Conservation
• C)Classification
• D)Centration

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Definitions:

Opportunity Cost

The cost of missing out on the next best alternative when making a decision.

Special Order

An order for a product or service that is outside the company's standard offerings, often requiring customization.

Capacity

The maximum level of output that a company can sustain to produce in a given period under normal circumstances.

Sunk Costs

Sunk costs are past expenses that have already been incurred and cannot be recovered, and thus should not affect future business decisions.