Often Times,the Terms Alternative Assessment,performance Assessment,and Authentic Assessment Are All

question 2

True/False

Often times,the terms alternative assessment,performance assessment,and authentic assessment are all used to describe the same type of assessment strategy.

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Definitions:

Fixed Cost

Expenses that do not change with the level of goods or services produced over the short term.

Expense Function

A mathematical representation or formula used to calculate the total expenses incurred by a business or individual.

Demand Function

A mathematical formula representing the relationship between the quantity demanded of a good and its affecting factors such as price, income, and preferences.

Revenue

The income a business receives from selling a product.