Olivia Understands Why 3/5 and 9/15 Are Equivalent Fractions

question 18

Multiple Choice

Olivia understands why 3/5 and 9/15 are equivalent fractions.Based on this information, Olivia is probably in Piaget's _______ stage of development.

• A)concrete operations
• B)preoperations
• C)formal operations
• D)sensorimotor

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Definitions:

Investment

Assigning monetary assets in hopes of achieving financial gain or income.

Cash Flow Timeline

A visual representation that shows the schedule of inflows and outflows of cash within a business over a specific period.

Shortage Costs

Expenses incurred from the unavailability of inventory or resources, leading to missed sales or production delays.

Carrying Costs

The expenses incurred by holding inventory, including storage, insurance, and taxes.