At Age 10, Paige Spent Hours Sorting and Resorting Her

question 141

Multiple Choice

At age 10, Paige spent hours sorting and resorting her collection of bracelets, grouping them first by color, then by size, and finally by shape. Paige has become aware of

• A) transitive inference.
• B) conservation.
• C) classification hierarchies.
• D) decentration.

---

Definitions:

Maximum Possible Output

Refers to the highest level of production an economy can sustain over a period without increasing inflation, often determined by available resources and technology.

Productive Efficiency

A situation in which an economy or entity is operating in such a way that it cannot produce more of one good without producing less of another.

U.S. Economy

The economic system of the United States, characterized by private enterprise, a variety of industries, and is considered one of the largest and most influential economies in the world.

Production Possibilities Frontier

A graph that shows the highest production potential for two products, based on available resources and various factors.