Piaget Called the Stage of Human Cognitive Development Between the Ages

question 205

Multiple Choice

Piaget called the stage of human cognitive development between the ages of 2 and 6 _____ intelligence.

• A) operational
• B) egocentric
• C) preoperational
• D) sensorimotor

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Definitions:

Constant Returns to Scale

A situation in which increasing the amount of inputs in production results in a proportional increase in output.

Long-run Total Costs

The total costs incurred by a firm when all factors of production are variable, emphasizing the period where no costs are fixed.

Average-fixed-cost Curve

A curve that shows the relationship between the average fixed cost of producing a good and the quantity of the good produced, typically declining as production increases.

Marginal Product

The increase in output that results from employing one more unit of a particular input, holding all other inputs constant.