The Stanford-Binet Intelligence Scales,Fifth Edition Yields a Score for All

question 62

Multiple Choice

The Stanford-Binet Intelligence Scales,Fifth Edition yields a score for all of the following EXCEPT for

• A) general intelligence.
• B) verbal and for nonverbal intelligence.
• C) creativity and divergent thinking.
• D) each of the five cognitive factors.

Analyze scenarios based on supply and demand diagrams to identify inefficiencies caused by externalities.

Demonstrate the mechanism and effectiveness of tradable pollution permits.

Explain the importance of transaction costs in the success or failure of private bargaining solutions to externalities.

Identify and calculate socially optimal quantities and prices in markets affected by externalities.

---

Definitions:

Scarcity Principle

A psychological and economic principle stating that limited availability of a resource makes it more desirable and valuable.

Limited-number Technique

A marketing strategy that creates a sense of urgency by claiming a product is in short supply, urging quick consumer action.

Scarcity

A basic economic problem arising from the situation in which finite resources are insufficient to satisfy all human wants and needs.

Scarcity

A condition where resources are limited compared to the demands or needs, leading to competition and value appreciation.