A Demand Curve to Remain Unit Elastic Along Its Entire

question 94

Multiple Choice

A demand curve to remain unit elastic along its entire length should

• A)cross the X axis.
• B)touch the X axis but not the Y axis.
• C)never touch either the X or the Y axis.
• D)touch the Y axis but not the X axis.

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Definitions:

Sensorimotor

Pertains to the developmental stage in children from birth to approximately 2 years of age, where they begin to understand the world through physical actions and sensory experiences.

Concrete Operational

A phase in Piaget's model of cognitive growth where kids develop the capacity to logically process tangible occurrences.

Piagetian Stage

Refers to the phases in Jean Piaget's theory of cognitive development, outlining how children's understanding of the world changes as they grow.

Egocentric

Having or regarding the self as the center of all things, often incapable of fully understanding or acknowledging the perspectives of others.