Examlex
In which substage of sensorimotor development is goal-directed behaviour first witnessed?
Leisure
Time utilized for enjoyment and relaxation, free from the obligations of work or serious responsibilities.
Substitution Effect
The change in demand for a good that results from a change in price, making the good more or less expensive relative to other goods.
Price Change
An alteration in the cost of a good or service, which can affect demand and supply dynamics in the market.
Substitution Effect
The change in consumption patterns due to a change in the prices of goods, leading consumers to replace more expensive items with cheaper alternatives.
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