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Ali is having a garage sale. He is trying to sell an old alarm clock for $20, an old pair of sneakers for $40, and an old TV set for $100. These prices are way too high. Since Ali owns these products, they seem to him to be more valuable than they really are. This phenomenon is known by social psychologists as ____.
Cognitive Development
The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding throughout the lifespan.
Infant
A very young child or baby, typically from birth to one year old.
Cognitive Capabilities
The mental skills and abilities related to understanding, thinking, learning, and remembering.
Memory
The cognitive function that enables an individual to encode, store, retain, and subsequently recall information and past experiences.
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