The Demand for Seats in 10 A

question 11

Multiple Choice

The demand for seats in 10 a.m.classes at the university is higher than the demand for seats in 8 a.m.classes.The supply of seats is fixed.If the university prices classes at the price required to achieve equilibrium at 10 a.m.,there will be

• A) a shortage at 8
• B) a surplus at 8 a.m.
• C) equilibrium at 8 a.m.
• D) disequilibrium at 8 a.m., but we cannot determine which type.

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Definitions:

Developing

A descriptor for countries or regions undergoing economic, industrial, and social progress, often with rapid growth and improvement in living standards.

Hypothesis

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Human Development

The multidisciplinary study of how people change and how they remain the same over time.

Piaget

Jean Piaget was a Swiss psychologist known for his pioneering work in child development, particularly his theory of cognitive development that describes how children construct a mental model of the world.