Research on the Theory of Core Knowledge Has Found That

question 43

Multiple Choice

Research on the theory of core knowledge has found that even before their first birthday, babies

• A) are capable of showing an elementary understanding of the principles of logic.
• B) can remember and repeat a complicated series of actions that they have observed only once.
• C) understand core principles because of their social interactions with adults.
• D) are surprised when they see events that seem to defy nature, such as a seeing a block pushed beyond the edge of a table without falling.

---

Definitions:

Increasing-Cost Industry

An industry in which production costs rise as firms enter the market, often leading to higher prices for consumers.

Positive Profits

Financial gains achieved when the total revenues exceed the total costs of a business.

Long-Run

In economics, the Long-Run is a period during which all input factors of production and costs are variable, allowing for the adjustment of all possible variables.

Short-Run Profits

Profits earned by a firm in a period where at least one factor of production is fixed.