In General,which of the Following Statements Is an Accurate Description

question 123

Multiple Choice

In general,which of the following statements is an accurate description of economists' assumptions about households? Households

• A)make consistent decisions,maximize utility,and are the principal owners of the factors of production.
• B)do not make consistent decisions,maximize satisfaction,and are the principal owners of the factors of production.
• C)make consistent decisions,maximize profits,and are the principal users of the factors of production.
• D)do not make consistent decisions,maximize profits,and are the principal users of the factors of production.
• E)make consistent decisions,maximize savings,and are the principal users of the factors of production.

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Definitions:

Sensorimotor Period

A stage in Jean Piaget's theory of cognitive development, where infants learn through interacting with their environment using their senses and motor actions.

Search for an Object

A cognitive milestone in child development where a child learns that objects continue to exist even when they are not seen, leading to behaviors such as looking for hidden objects.

Problem Solving

The process of identifying a challenge and finding an effective solution to overcome it.

Final Substage

The last phase or period in a series of developmental stages or processes, indicating the completion of a certain developmental sequence.