According to ACARA, the Key Reason That General Capabilities Have

question 9

Multiple Choice

According to ACARA, the key reason that General Capabilities have been listed as a key dimension of the Australian Curriculum is that they 'encompass skills, behaviours and dispositions that students develop and apply to content knowledge and that support them in becoming successful learners, confident and creative individuals and …':

• A) problem solvers and risk takers.
• B) autonomous and collaborative contributors.
• C) skilled communicators and activists.
• D) active and informed citizens.

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Definitions:

Perfectly Competitive Market

An economic model where numerous small firms compete against each other with identical products, no barriers to entry or exit, and no single firm can influence market prices.

Demand

The level of demand for goods or services that individuals have the willingness and financial capacity to acquire at assorted prices throughout a defined duration.

Supply

The complete volume of a specific commodity or service ready for consumption by customers.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single seller can influence the market price of goods.