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Exhibit 6-4
-Refer to Exhibit 6-4. Graph B represents a demand curve that is relatively ____in the range illustrated. Total revenue ____ as the price decreases from $10 to $5.
Egocentrism
A cognitive characteristic where an individual is unable to view a situation from another person’s perspective, commonly seen in early childhood development stages.
Theory Theory
The idea that children learn about the world by forming theories about it, which they test and then revise in light of new evidence.
Innate Modules
Cognitive structures in the brain, believed to be pre-wired from birth, that help individuals process information in specific domains such as language and social interaction.
Reasoning Skills
The cognitive abilities that enable individuals to analyze information, solve problems, and make logical decisions.
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