Which of the Following Would Not Be Classified as an Economic

question 135

Multiple Choice

Which of the following would not be classified as an economic resource by economists?

• A) a professional soccer player
• B) water in a town's reservoir
• C) money in a business checking account
• D) the manager of the local hamburger restaurant

Recognize specific cognitive abilities and limitations characteristic of each developmental stage.

Identify key concepts related to cognitive development (e.g., object permanence, conservation of number, theory of mind).

Analyze how Piaget's theories apply to practical scenarios involving children's thought processes.

Evaluate the applicability and accuracy of Piaget's assessments of children's cognitive abilities based on recent research findings.

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Definitions:

Business Model

The method by which a company generates revenue to sustain itself.

Exclusive Lines

Products or services available for sale only through specific channels or retailers, often to maintain quality or brand prestige.

Transparent Pricing

A pricing strategy where businesses clearly communicate price components and the cost of production to customers, fostering trust and understanding.

Business Model

A strategic plan outlining how a company creates, delivers, and captures value, in economic, social, cultural, or other contexts.