Laura Is a Manager for HP

question 193

Multiple Choice

Laura is a manager for HP. When Laura must decide whether to produce a few additional printers, she is choosing at the margin when she compares

• A) HPʹs printers to printers from competing companies, such as Lexmark.
• B) the extra revenue from selling a few additional printers to the average cost of producing the additional printers.
• C) the extra revenue from selling a few additional printers to the extra costs of producing the printers.
• D) the total revenue from sales of printers to the total cost of producing all the printers.

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Definitions:

Concrete Operational

A stage in Piaget's theory of cognitive development where children gain the ability to think logically about concrete events.

Language

A form of communication—whether spoken, written, or signed—that is based on a system of symbols.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept important in cognitive development of infants.

Conservation

In cognitive development, the understanding that an object's or substance's quantity does not change despite changes in its shape or form.