Figure 21-9 -Refer to Figure 21-9. If the Price of Good X

question 210

Multiple Choice

Figure 21-9
-Refer to Figure 21-9. If the price of good X is $15, what is the price of good Y?

• A) $1,500
• B) $50
• C) $5
• D) $0.50

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Definitions:

Decentration

A cognitive developmental term referring to the ability to consider multiple aspects of a situation rather than focusing on a single perspective.

Transitivity

The principle that if A > B and B > C, then A > C.

Concrete-Operational Children

Describes children typically aged 7 to 11 years old who are in a developmental stage where they can logically think about concrete events but have difficulty understanding abstract or hypothetical concepts.

Decentration

The cognitive ability to consider multiple aspects of a situation simultaneously, important in child development as per Jean Piaget's theory.