In Studies of Families with One Biological Child and One

question 150

Multiple Choice

In studies of families with one biological child and one adopted child, the results concluded that

• A)the biological child had an IQ similar to the mother's IQ, but the adopted child did not.
• B)the adopted child's IQ was almost identical to his/her biological mother's IQ, although reared away from her.
• C)both the biological and adopted child had IQs similar to the mother that was rearing them.
• D)the adopted child's IQ was always significantly below the IQ of both his/her adopted mother and adopted sibling.

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Definitions:

Fixed Cost

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance.

Economic Order Quantity

A calculation used to determine the optimal order quantity that minimizes the total inventory costs, including holding and ordering costs.

Inventory Policy

The set of guidelines a company follows to determine how much inventory should be kept on hand to meet customer demand and manage supply chain efficiency.

Quantity Discounts

Pricing incentives granted to purchasers that buy in large volumes, typically reducing the cost per unit.