The Ratio of the Percentage Change in a Dependent Variable

question 133

Multiple Choice

The ratio of the percentage change in a dependent variable to the percentage change in an independent variable, all other things unchanged, is:

• A) total revenue.
• B) production possibilities.
• C) elasticity.
• D) slope.

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Definitions:

Static Reasoning

A characteristic of preoperational thought in which a young child thinks that nothing changes. Whatever is now has always been and always will be.

Concrete Operational

A stage of cognitive development in children, proposed by Piaget, occurring roughly between the ages of 7 and 12, during which children gain a better understanding of mental operations and physical concepts.

Middle Childhood

The developmental stage between early childhood and adolescence, typically from ages 6 to 12, marked by increased cognitive, social, and emotional development.

Formal Operational

A stage of cognitive development proposed by Jean Piaget, occurring from adolescence onwards, when individuals develop the ability to think abstractly, logically, and systematically.