The Average Result on an IQ Test Is Assigned the Value

question 208

Multiple Choice

The average result on an IQ test is assigned the value of 100.All other test results are assigned scores based on their distance from that average score.This method means that IQ scores measure:

• A) absolute intelligence
• B) absolute differences in intelligence
• C) ranked orders of intelligence
• D) relative differences in intelligence

---

Definitions:

Fixed Costs

Expenses that do not change with the level of output or sales within a certain range and period.

Break-Even Point

The point at which total revenues equal total costs, and the business makes neither profit nor loss.

Fixed Expenses

A repackaged definition of fixed costs emphasizing their nature as constant across different levels of output or sales.

Selling Price

The amount of money charged to the buyer for a product or service.