Other Things Being Constant, the Only Way to Move Along

question 428

Multiple Choice

Other things being constant, the only way to move along a given supply curve for a product is for

• A) the product's relative price to change.
• B) the future relative price of related goods to change.
• C) the number of sellers to change.
• D) technological changes to occur.

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Definitions:

Conservation Skills

The cognitive ability to understand that properties such as mass, volume, and number remain the same despite changes in the form of objects.

Class Inclusion

A cognitive ability that involves understanding that objects can belong to more than one category at the same time.

Conservation Skills

Cognitive abilities to understand that quantity, length, or number do not change when nothing is added or taken away, despite changes in form or appearance.

Centration

A cognitive limitation in preoperational stage children where they can focus on only one aspect of a situation at a time.