The Degree of Operating Leverage Has Which of the Following

question 8

Multiple Choice

The degree of operating leverage has which of the following characteristics?

• A) The closer the firm is operating to breakeven quantity,the smaller the DOL.
• B) A change in quantity demanded will produce the same percentage change in EBIT as an identical change in price per unit of output,other things held constant.
• C) The DOL is not a fixed number for a given firm,but will depend upon the time zero values of the economic variables Q (Quantity),P (Price),and V (Volume).
• D) The DOL relates the change in net income to the change in net operating income.
• E) If the firm has no debt,the DOL will equal 1.

Apply Piaget's theory of education and cognitive development in the classroom setting.

Understand the concept of mainstreaming and accommodation strategies for disabled children.

Distinguish between concrete-operational and preoperational stages in children according to Piaget’s stages of cognitive development.

Recognize the significance of phonological processing in learning to read.

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Definitions:

Lower-Order Needs

Basic human requirements such as physiological and safety needs that must be satisfied before higher-order needs can be addressed.

Higher-Order Needs

Esteem and self-actualization needs in Maslow’s hierarchy.

Psychological Development

The ongoing growth and change in cognitive, emotional, and social capabilities and processes throughout a person's life.

Deficit Principle

A theory suggesting that a decrease in stimulation or input will cause humans to seek out more stimulation, to overcome the perceived deficit.