The Major Advantage of Using the Ratio Method of Computing

question 129

Multiple Choice

The major advantage of using the ratio method of computing IQ, rather than reporting only a child's mental age, is which of the following?

• A) The ratio method provides a more accurate method of measuring mental age.
• B) The ratio method allows for children of different chronological ages to be compared more meaningfully.
• C) The ratio method provides a less racially biased method of measuring mental age.
• D) The ratio method provides a less racially biased method of computing IQ.

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Definitions:

Monopolist

A market participant that is the sole seller of a product or service, having significant control over its price.

Demand Curve

illustrates the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Marginal Cost

The expense incurred in creating an extra single unit of a product or service.

Price Elasticity

A metric that determines how the demand for a certain good fluctuates with its price adjustments.