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Micah is a first grader who has earned a deviation IQ score of 116 on the Stanford-Binet Ability Test.The problem is that he is doing very poorly academically due to his very limited attention span and uncontrolled physical activity.For much of the day,Micah is out of his seat wandering around the room.When he's in his seat,he is almost certain to be fidgeting or moving in some way.His parents recently took him to a psychiatrist who suggested beginning drug therapy.[Note: The Binet series has a scaled score mean of 100 and a standard deviation of 16.The Wechsler series utilizes a standard deviation of 15.]
-What appears to be the nature of the problem? What type of disorder is suggested? What is the likely prognosis for Micah's academic and social development,if the problem is not treated? What about the longevity of the problem?
Equilibrium
A state in an economic model where demand equals supply, meaning there is no incentive for change in the market situation.
Marginal Rates Of Transformation
The rate at which one good has to be sacrificed to produce an additional unit of another good, holding technology constant.
Marginal Rate Of Technical Substitution
The rate at which one input can be reduced for an additional unit of another input, while keeping the level of output constant.
Marginal Rate Of Substitution
The rate at which a consumer is willing to substitute one good for another, keeping utility constant, reflecting the trade-offs between goods.
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