Which of the Following Children Seems to Have the Most

question 69

Multiple Choice

Which of the following children seems to have the most well-developed theory of mind?

• A) Stefano's favourite flavor of popsicle is green, so he told his mom to give his friend a green popsicle too.
• B) Gina saved a seat for her friend, but the friend sat next to someone else. Gina didn't really care. She was interested in the play.
• C) Darby realized that Bryson didn't mean to step on her when he moved his desk into place for group work, so she didn't make an issue of it.
• D) Grant apologized for breaking his friend's toy after his friend threatened to tell his mom about the incident. Grant knew his mom would make him apologize.

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Definitions:

Monopolistic Competition

A commercial scenario where a plethora of firms deal in products that are very much alike but not perfectly the same, giving them some extent of influence in the market.

Perfect Competition

A market structure characterized by a large number of small firms, a homogeneous product, free entry and exit, and perfect knowledge, leading to firms being price takers.

Profit-maximizing Price

The selling price per unit that maximizes a firm’s profits, based on its cost structure and market demand.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices during a certain period.