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According to Piaget, When an Individual Recognizes That Objects Continue

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According to Piaget, when an individual recognizes that objects continue to exist, even when they are no longer in sight, the individual has mastered:


Definitions:

Optimal

The most favorable or desirable condition, outcome, or level, often in terms of efficiency or success.

Minimum-Variance Portfolio

A portfolio constructed to achieve the lowest possible risk (variance) for a given rate of expected return, optimizing risk-adjusted returns.

Standard Deviation

A mathematical indicator of the spread or fluctuation of data points or returns on investments relative to their average value.

Expected Return

This represents the mean of the probability distribution of possible returns for a security or portfolio.

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