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Two short,fat glasses with the same amount of water are placed in front of a group of children.The children watch as water is poured from one short,fat glass into a tall,skinny glass.The children are then asked,"Does the tall,skinny glass have the same,more,or less water than the short,fat glass " At what stage of development would a child first be able to correctly answer that the glasses have equal amounts
Bananas
A type of edible fruit produced by various kinds of large herbaceous flowering plants in the genus Musa.
Utility Function
Represents a consumer's preference ranking for various bundles of goods, articulating the level of satisfaction received.
Indifference Curve
An indifference curve represents a graph showing different combinations of two goods that provide the consumer with the same level of satisfaction or utility.
Apples
A common fruit that is edible, coming in various varieties and used both for eating raw and in cooking.
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