The Selection of Particular Products' Production Processes

question 115

Multiple Choice

The selection of particular products' production processes

• A)determines the output of other products made with those inputs at the same time.
• B)is part of the distribution problem in an economy.
• C)is accomplished without regard to profit in a laissez-faire economy.
• D)depends upon plans for distribution of the products.

---

Definitions:

Egocentrism

The inability to differentiate between one's own perspective and another person's perspective.

Accommodation

The cognitive process of revising existing cognitive schemas, perceptions, and understanding so that new information can be incorporated.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept important in cognitive development.

Conservation

In cognitive psychology, the understanding that an object's or substance's quantity remains the same even when its appearance changes, a concept developed by Jean Piaget.