One of the Odd Twists in the History of Psychology

question 120

Multiple Choice

One of the odd twists in the history of psychology is that Binet and Simon's test started out as a way to measure____________, but was adapted by others into a measure of ________________.

• A) academic achievement; innate intelligence
• B) innate intelligence; academic achievement
• C) chronological age; mental age
• D) mental age; chronological age

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Definitions:

Average Total Cost Curve

A graphical representation showing how the total cost of production per unit of output changes with the level of output.

Long-run Equilibrium

occurs when all firms in a market or industry are producing at their most efficient level, with no incentive for entry or exit, and economic forces are balanced.

Total Revenue

The total amount of money a firm receives from selling its goods or services, calculated as the unit price multiplied by the quantity sold.

Increasing-cost Industry

An industry in which the cost of production increases as the industry's output expands, often due to resource limitations or rising input prices.