Assuming Constant Wages Implies That

question 96

Multiple Choice

Assuming constant wages implies that

• A)an increase in the price of goods raises profits and SAS is vertical.
• B)a decrease in the price of goods lowers profits and SAS is horizontal.
• C)an increase in the price of goods lowers profits and SAS is vertical.
• D)an increase in the price of goods raises profits and SAS is positively sloped.

---

Definitions:

Pretend Play

Imaginative play in which children create scenarios and act out roles, often involving objects to represent other things.

Sensorimotor Play

Sensorimotor play is a type of activity that engages infants and young children, focusing on exploring and learning about the world through sensory and motor experiences.

Conservational Play

A stage in child development identified by Jean Piaget, where children comprehend that quantity remains the same despite changes in form or appearance, usually observed in activities involving objects.

Preoperational Stage

In Piaget’s theory, the second major stage of cognitive development, in which symbolic thought expands but children cannot yet use logic.