In Piaget's Theory, Adaptation Refers to

question 134

Multiple Choice

In Piaget's theory, adaptation refers to

• A) the back-and-forth movement between equilibration and disequilibration.
• B) the process of building schemes through direct interaction with the environment.
• C) a rearrangement and linking together of schemes.
• D) a steady, comfortable cognitive state.

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Definitions:

Revenue

Income that a company receives from its normal business activities, usually from the sale of goods and services to customers.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, influenced by the proportion of fixed to variable costs in a company's cost structure.

Financial Leverage

The use of borrowed capital or debt to increase the potential return of an investment, amplifying both potential gains and losses.

Operating Leverage

A measure of how sensitive a company’s operating income is to a change in its sales volume, emphasizing the cost structure between fixed and variable costs.