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As more is understood about brain development after adolescence, it seems that the characteristics of postformal thought are evident as the brain and, in particular, as the _____, matures.
Economists
Professionals who study the production, distribution, and consumption of goods and services, often analyzing economic issues and trends.
Opportunity Cost
The price paid by not choosing the second-best option when a decision is made or one choice is selected over another.
Production Possibilities Frontier
A picture that demonstrates all potential maximum outputs for two different goods, grounded on inputs including resources and more.
Descriptive Statement
A statement that describes how the world is, based on observable facts without inferring causation or prescribing actions.
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