The Study by DeLoache and Her Colleagues (1997)that Used a "Shrinking

question 132

Multiple Choice

The study by DeLoache and her colleagues (1997) that used a "shrinking machine" demonstrated that young children's trouble with scale models is due to their

• A)poor imagination skills.
• B)trouble dealing with models as symbolic representation.
• C)inability to remember the location of the hidden toy.
• D)difficulty in comprehending adult-directed speech.

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Definitions:

EPS

Earnings per share; a measure of a company's profitability calculated by dividing its net income by the number of outstanding shares.

EBIT

Earnings Before Interest and Taxes, a profitability measure for companies that doesn't include costs associated with taxes or interest.

Breakeven Diagram

A graphical representation that shows the point at which total cost and total revenue are equal, with no net loss or gain.

Total Cost

The complete cost of production that includes both fixed and variable costs.