A Revision of Bloom's Taxonomy Published in 2001 Described in the Textbook)

question 10

Multiple Choice

A revision of Bloom's taxonomy published in 2001 described in the textbook) can help teachers consider not only the various types of cognitive processes that should be encouraged but also the:

• A) Environmental contexts in which each process is most suitable
• B) Types of knowledge to which those processes might be applied
• C) Specific instructional methods most effective in fostering each process
• D) Forms that those processes might take in literacy, mathematics, science, and social studies

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Definitions:

Fixed Cost

Costs that do not vary with the level of output produced, such as rent, salaries, and insurance premiums.

Cartel

A group of independent market participants who collude to increase prices and limit output in order to maximize their collective profits.

Marginal Cost

The hike in cost resulting from the creation of one more unit of a product or service.

Cartel

An agreement among competing firms to control prices or exclude entry of a new competitor in a market, often leading to higher prices and restricted supply.