Which of Piaget's Three Stages of Moral Development Corresponds to the Concrete

question 49

Multiple Choice

Which of Piaget's three stages of moral development corresponds to the concrete operational stage of cognitive development?

• A)Stage 1
• B)Stage 2
• C)Stage 3
• D)There is no relationship between the two.

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Definitions:

Total Fixed Costs

The sum of all costs that remain constant regardless of any change in a company's production volume.

Diminishing Returns

A principle stating that if one input in the production of a commodity is increased while other inputs are held fixed, a point will eventually be reached at which additions of the input yield progressively smaller, or diminishing, increases in output.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out.

Average Variable Costs

represent the variable costs (costs that change with output level) per unit of output, calculated by dividing the total variable costs by the quantity of output produced.