When Pinky Says, 'It Doesn't Matter If They Are South

question 114

Multiple Choice

When Pinky says, 'It doesn't matter if they are South African, Ethiopian, or Chinese, kids are kids', she is promoting a ____ position concerning human development.

• A)discontinuous
• B)universal
• C)nurture
• D)context-specific

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Definitions:

Long-Run Supply Curve

A graphical representation that shows how the quantity supplied of a good changes in response to a price change once producers have had enough time to adjust their production decisions fully.

Constant-Cost Industry

An industry in which costs of production do not change as the industry's output changes.

Decreasing-Cost Industry

An industry where the costs of production decrease as the industry grows and output increases, due to factors such as economies of scale.

Start-Up Firms

New business ventures that are typically tech-focused or innovative in nature, aiming to meet a market need by developing a viable business model.