Salvador and Glynnis Are in the Same Preschool Class

question 169

Multiple Choice

Salvador and Glynnis are in the same preschool class.Salvador has three older brothers and an older sister, and Glynnis is an only child.Based on this information, how will each child perform when solving false-belief tasks?

• A)Glynnis will tend to do better than Salvador
• B)Glynnis and Salvador will be equally successful.
• C)Glynnis and Salvador will be equally unsuccessful.
• D)Salvador will tend to do better than Glynnis.

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Definitions:

Marginal Costs

The additional cost incurred in the production of one more unit of a good or service.

Fixed Costs

Costs that do not change with the amount of goods or services produced, such as rent, salaries, or insurance.

Accounting Profit

Profits as shown on a company’s financial statements. Accounting profit does not necessarily correspond to real or economic profit.

Variable Costs

Costs that vary directly with the level of production or a company's output, such as materials and labor.