According to Cognitive Theory, Infants Use Their Early Relationships to Develop

question 135

Multiple Choice

According to cognitive theory, infants use their early relationships to develop a set of assumptions that become a frame of reference that may be used later in life. Such a set of assumptions is called a _____.

• A) referential hypothesis
• B) working model
• C) schematic plan
• D) work-in-progress

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Definitions:

Market Resources

The assets, materials, and inputs used to produce goods and services and are made available through the market.

Entrepreneurs

Individuals who innovate, finance, and manage business ventures, often taking on greater than normal financial risks.

External Cost

Costs that a producer or consumer inflicts on a third party who is not involved in the production or consumption of the goods or services.

Economic Efficiency

A situation in which all resources in an economy are optimally distributed to serve each individual or entity in the best way while minimizing waste and inefficiency.