To Use the Method of Loci in Order to Memorize

question 166

Multiple Choice

To use the method of loci in order to memorize a list of names, what is the first thing to do?

• A) Arrange the list of names in some logical order.
• B) Memorize a list of places in order.
• C) Find out as much as possible about each of the named people.
• D) Recite the list out loud a few times.

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Definitions:

Average Total Cost

The total cost of production divided by the number of units produced, representing the average cost per unit of output.

Average Variable Cost

The total variable costs (costs that change with production volume) divided by the quantity of output produced.

Average Total Cost

The sum of all production costs divided by the quantity of output produced, representing the per-unit cost.

Marginal Cost

Marginal cost refers to the increase or decrease in the total cost when the quantity produced is incremented by one unit.