Which of the Following Is NOT True of Basic Level

question 127

Multiple Choice

Which of the following is NOT true of basic level categories?

• A) They are always the most general category in a semantic network.
• B) They are the level at which most thinking occurs.
• C) They are the level at which prototypes exist.
• D) They are the terms used most often in conversation.

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Definitions:

Financial Advantage

The benefit gained from making a financially prudent decision that leads to wealth accumulation, cost savings, or any other monetary gain.

Dropping Product

The decision to discontinue the production and sale of a product line or item, typically due to it not meeting financial or strategic goals.

Contribution Margin

The amount remaining from sales revenues after all variable expenses are paid, contributing towards covering fixed costs and profit.

Discontinue

To stop making or providing a product or service, often as a strategic decision by a company.