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At daycare,Nicole and Christine are both fighting over a broken cookie.They both had cookies the same size,but Nicole's broke in half and now Christine thinks that Nicole has more than she does.When the daycare provider shows the girls that they both have equal amounts of cookie,Christine calms down as she now understands.Nicole continues to feel superior,having more cookie than Christine.According to Piaget:
Elasticity of Supply
A gauge for the responsiveness of the amount of a product provided to variations in its price.
Unitary
Relating to a unit or units, often used in economics to describe a situation where a change in one factor results in a proportionate change in another factor.
Quantity Supplied
The amount of a good that producers are willing and able to sell at a particular price over a given period of time.
Rises
An increase or upward movement in a specific parameter or value, often used in financial and economic contexts.
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