The Decision to Enrol in a PhD Program Is a Rational

question 22

Multiple Choice

The decision to enrol in a PhD program is a rational one for a university student if the

• A)marginal cost exceeds the marginal benefit of gaining a PhD.
• B)marginal benefit of gaining a PhD exceeds the marginal cost.
• C)student carefully considered the social benefits of this decision.
• D)cost is not too great.
• E)opportunity cost of gaining a PhD equals zero.

Identify the stages of cognitive development as proposed by Jean Piaget.

Recognize the role of formal, informal, and hidden curriculum in socialization, especially in educational settings.

Understand how socialization is a lifelong process that extends beyond family into secondary institutions.

Understand the concept of consumer surplus and how it changes with price movements in the market.

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Definitions:

Identical Scores

When two or more assessments yield the exact same numerical results or ratings, indicating similar levels of performance or condition.

Intelligence Test

A method of assessing an individual's mental aptitudes and comparing them with others using numerical scores.

Deviation Intelligence Quotient

An intelligence score derived from standard deviation units from the mean in an intelligence test, indicating the extent to which an individual deviates from the average IQ score.

David Wechsler

A psychologist best known for developing several widely used intelligence tests, including the Wechsler Adult Intelligence Scale.