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Which list BEST represents the phases of Piaget's equilibration process?
Indifference Curve
A chart that depicts various combinations of products that a consumer sees as equally desirable, illustrating their preferences.
Marginal Utility
The additional satisfaction or value derived from consuming one more unit of a good or service.
Excise Tax
A tax imposed on specific goods, services, or activities, such as tobacco, alcohol, or gasoline, usually to raise revenue and discourage consumption of the taxed items.
Income Subsidy
Financial assistance provided by the government to individuals or groups to increase their income.
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