The Principle That Properties Such as Mass,volume,and Number Remain the Same

question 294

Multiple Choice

The principle that properties such as mass,volume,and number remain the same despite changes in the forms of objects is called

• A) imprinting.
• B) conservation.
• C) object permanence.
• D) accommodation.

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Definitions:

Producer Surplus

The difference between the amount producers are willing to sell a good for and the actual amount they receive due to market price.

Good X

An unspecified product or commodity in economics, used in theoretical models and discussions.

Producer Surplus

The difference between the actual price producers receive for a product and the minimum price they would accept.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity supplied by producers.