In Which Stage of Cognitive Development Does the Conservation Concept

question 64

Multiple Choice

In which stage of cognitive development does the conservation concept first appear?

• A)formal operations
• B)concrete operations
• C)preoperational
• D)sensorimotor

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Definitions:

Labor

The effort by workers to produce goods or provide services in exchange for payment.

Capital

Assets used in the production of goods and services, often categorized as physical (like machinery) or financial (like money at hand).

Average Total Cost

The total cost of production divided by the quantity of output produced, including both fixed and variable costs.

Fixed Costs

Costs that do not change with the level of output produced, such as rent, salaries, and loan payments.