Use the following to answer question: 
-(Figure: Consumer Equilibrium III) Use Figure Consumer Equilibrium III.Which of the following statements is TRUE?
Definitions:
Crises
Situations of intense difficulty, trouble, or danger that require immediate decisions or actions.
Piaget
Refers to Jean Piaget, a Swiss psychologist known for his pioneering work in child development and his theory of cognitive development.
Formal Operational
The stage of cognitive development, according to Jean Piaget, in which individuals become capable of abstract thinking and hypothetical reasoning.
Preoperational
The stage in Piaget's theory of cognitive development where children from about 2 to 7 years old exhibit egocentric thinking and struggle with understanding the viewpoint of others.
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