If Every Door in the Store Swings Both Ways, a Young

question 98

Multiple Choice

If every door in the store swings both ways, a young child might believe all doors work this way. When the child encounters a door that does not work this way she assumes that it must not be a door. This method of explaining doors according to the child's existing schema is called __________.

• A)accommodation
• B)assimilation
• C)decentration
• D)stimulation

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Definitions:

Diminishing Marginal Utility

The more of any one good consumed in a given period, the less incremental satisfaction is generated by consuming a marginal or incremental unit of the same good.

Candy Bars

Sweet confectionery products that typically consist of chocolate and may include other fillings like nuts, caramel, nougat, or wafers.

Total Utility

The total satisfaction or benefit received by consuming a particular amount of a good or service.

Marginal Utility

The extra pleasure or benefit gained by a consumer from using an additional unit of a product or service.