What Is the Term Piaget Used to Refer to the Ability

question 269

Multiple Choice

What is the term Piaget used to refer to the ability to recognize that matter can be rearranged or changed in appearance but remains the same in quantity if nothing has been added or taken away?

• A) enumeration
• B) invariance
• C) conservation
• D) decentration

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Producer Surplus

The difference between the amount producers are willing to sell their goods for and the actual amount they receive due to higher market prices.

Consumer Surplus

The gap highlighting the difference between the sum consumers intend to pay and what they actually fork out for a good or service.

Supply Curve

A graphical representation showing the relationship between the price of a product and the quantity of the product that suppliers are willing to sell.