At Age 6, the Average Child Knows About __________ Words

question 162

Multiple Choice

At age 6, the average child knows about __________ words, but by age 10 or 11, this number has increased fourfold, to about __________.

• A)1,000; 4,000
• B)5,000; 20,000
• C)10,000; 40,000
• D)15,000; 60,000

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Definitions:

Good

An item or product that satisfies a want or need, available for sale or trade.

Market Demand

The total quantity of a good or service that all consumers in the market are willing and able to purchase at different prices.

Market Supply

The total quantity of a good or service that all producers in a market are willing and able to sell at various price levels.

Demand Curve

A graphical representation that shows the quantity of a product or service desired by buyers at various price levels.