When Children Understand That Rolling a Ball of Clay into a "Snake

question 657

Multiple Choice

When children understand that rolling a ball of clay into a "snake" does not increase the amount of clay or that pouring liquid from a tall, narrow glass into a shallow dish does not reduce the amount of liquid, the children have developed

• A)animism.
• B)object permanence.
• C)conservation.
• D)egocentric thought.

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Definitions:

Monopolistically Competitive

A market structure where many companies sell products that are similar but not identical, allowing for some degree of market power and price control by individual firms.

Profit-Maximizing Level

The optimal point at which the difference between total revenue and total cost is the greatest, indicating the highest possible profit for a firm.

Short Run

a period in economics during which at least one input is fixed and cannot be changed, limiting a firm's ability to adjust production.

Fixed Costs

Expenses that do not change in proportion to the activities of a business within a certain range of operation, such as rent, salaries, and insurance.