A Five-Year-Old Who Has a Stanford-Binet IQ Score of 116

question 9

True/False

A five-year-old who has a Stanford-Binet IQ score of 116 is more intelligent than an eight-year-old who also scores 116.

---

Definitions:

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price.

Simultaneously Increases

Occurring when two or more variables or conditions rise at the same time.

Supply Decreases

A situation where the quantity of a good or service that producers are willing to sell at a given price falls, often due to increased production costs or external factors.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.