Mary and Eric Are Outside Playing One Day When Eric

question 120

Multiple Choice

Mary and Eric are outside playing one day when Eric looks up and asks,"What's that big bright ball in the sky?" Mary replies that it is the sun.That night,Eric looks out his bedroom window and sees a big,bright ball in the sky."Look,Mary,it is the sun!" he exclaims.This example shows that Eric has used ________ for his new knowledge.

• A) centration
• B) egocentrism
• C) assimilation
• D) accommodation

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Definitions:

Most Profitable

Describes a scenario, product, or entity generating the highest profit margin or net income compared to others in a comparative set.

Product A

An arbitrary term that could refer to any first product offered by a company in a given context.

Variable Selling Expense

Costs associated with selling a product that vary with the volume of sales, such as commissions or shipping costs.

Fixed Manufacturing

Costs associated with manufacturing that do not vary with the level of production output, such as rent for factory premises, salaries of permanent staff, and depreciation of machinery.