Suppose That the Price of a Product Decreased from $6

question 128

Multiple Choice

Suppose that the price of a product decreased from $6.50 to $5.50,and the quantity demanded increased from 55 to 65.What is the value of the price elasticity of demand?

• A)0.5.
• B)0.85.
• C)1.0.
• D)1.18.
• E)2.0.

Understand Piaget's concept of cognitive development stages and their sequence.

Describe the process of accommodation and how it differs from assimilation.

Explain the role of schemas in cognitive development according to Piaget.

Identify and differentiate between the sensorimotor sub-stages and their characteristics.