When Tamika Solves a Simple Math Problem Involving Additions and Subtractions,she

question 99

Multiple Choice

When Tamika solves a simple math problem involving additions and subtractions,she has shown development in her ________ processes.

• A)biological
• B)cognitive
• C)socioemotional
• D)integrative

---

Definitions:

Corrective Tax

A tax designed to encourage private decision makers to take into account the social costs that arise from a negative externality.

Allocative Efficiency

A state where resources are allocated in a way that maximizes the net benefit to society, with products being produced at a quantity where the price equals marginal cost.

Consumer Surplus

The contrast between the total payment consumers are willing and financially able to make for a good or service and the amount they truly pay.

Producer Surplus

The discrepancy between the price producers agree to sell a good for and the price they actually end up receiving.