Suppose You Are Choosing Between Milk and Cookies

question 45

Multiple Choice

Suppose you are choosing between milk and cookies. If the opportunity cost of cookies in terms of milk increases, then the budget curve will

• A)shift inward.
• B)rotate inward.
• C)shift outward.
• D)rotate outward.

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Definitions:

Reflexive Behaviors

Automatic, instinctual actions that do not require conscious thought, often present from birth.

Mental Representation

Internal images, symbols, or concepts used to understand the world, remember information, and solve problems.

Sensorimotor Substage

A phase in Jean Piaget's theory of cognitive development, occurring from birth to approximately age 2, where infants learn through interacting with their environment using their senses and motor actions.

Secondary Circular Reactions

Repetitive actions in infant development focused on external objects, forming part of Piaget's sensorimotor stage.