In Trying to Understand the World,the Child Is Constantly Faced

question 110

Multiple Choice

In trying to understand the world,the child is constantly faced with inconsistencies and counterexamples to his or her existing schemes.This phenomenon is known as

• A)disequilibrium.
• B)deconstruction.
• C)reactance.
• D)disruption.

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Definitions:

Elastic Demand Curve

Represents a situation where the quantity demanded of a good or service significantly changes in response to a change in price.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase at various prices.

Monopolistic Competitor

A market structure where many firms sell products that are similar but not identical, thereby having some control over their prices.

Represent

To be a sign or symbol of something; or to act on behalf of someone or something in a legal or formal context.