You Place Five Pennies in a Row and Then Take

question 459

Multiple Choice

You place five pennies in a row and then take five more pennies and place them in a row directly below the other, so that the pennies in the two rows are paired. Your five-year-old son tells you that there are the same number of pennies in each row. You then spread out the pennies on the bottom row so that it looks longer. Your son now thinks that the bottom row has more pennies, showing that he lacks

• A)conservation.
• B)object permanence.
• C)assimilation.
• D)egocentrism.

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Definitions:

Transfer Price

The fee applied to goods or services moved between various sections or units of the same enterprise.

Variable Expenses

Expenditures that adjust in relation to the business's operation level or production quantity.

Shipping Costs

The expenses associated with the delivery of goods from a seller to the buyer, which can include packaging, postage, and handling fees.

Residual Income

The income that remains after deducting all required costs of capital from the operating income.