Piaget’s concrete operational stage is characterized by the active, appropriate use of: logic.
Jean Piaget was a developmental biologist and psychologist who was born on the 9th of August, 1896 in Neuchâtel, Switzerland.
Piaget worked extensively on cognitive development in infants and teenagers based on the following:
Jean Piaget's stages of cognitive development in an ascending order includes;
I. Sensorimotor stage.
II. Preoperational stage.
III. Concrete operational stage.
IV. Formal operational stage.
The concrete operational stage is typically described as age 7 through age 11, at which the child thinks logically.
In conclusion, the active, appropriate use of logic is a feature of John Piaget’s concrete operational stage.
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Answer:
One thing to clear ab initio is that equilibrium quantity and price are achieved when the demand and supply curves intersect at a point. Therefore, at equilibrium, the demand and supply in quantity are equal.
a) If a technological improvement reduces the cost of product, the equilibrium price will reduce and equilibrium quantity will be equal to the quantity demanded and supplied.
b) If there is a reduction in the number of sellers, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.
c) If there is a tax levied on the sellers of apps, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.
Explanation:
a) The market is in equilibrium when the supply and demand curves intersect, meaning that the quantity demanded and quantity supplied are equal. The price and quantity at which this intersection occurs are called the equilibrium price and equilibrium quantity respectively. In economics, when quantity supplied equals quantity demanded, an equilibrium situation is achieved, and it is represented by this equation: Qs = Qd; where Qs is quantity supplied and Qd is quantity demanded.
b) Equilibrium price reduces when there is a cost reduction and more supplies are pushed to the market to meet demand.
c) When suppliers leave the market, it means that the market price and demand are no longer attractive and beyond their individual influence. This leads to a reduction in quantity supplied overall.
d) Sales tax increases the price of goods and services, and equilibrium will be achieved when there consumers demand the product with increased price and sellers are willing to produce and sell at such a price.
An open-end mutual fund cannot be bought from the securities market via a contractual savings plan, as investment is made for a predetermined period during this.
<h3>What are open-end mutual funds?</h3>
Mutual funds, which are open-end, are easily available to be bought by any person who wishes to invest a part of his capital into such asset classes are called open-end mutual funds.
They can be bought voluntarily and have no lock-in periods, and thus are readily available to be bought and sold in the secondary market.
The reason a contractual savings plan cannot be used to buy open-end mutual funds is because such saving plans have lock-ins and are subject to be invested for a fixed period.
Hence, option D; a contractual savings plan cannot be utilized for the purpose of purchasing an open-end mutual fund.
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The amount of the net working capital is -$4,900
Net working capital = $43,100 - $23,700 - $24,300 = -$4,900
What is the meaning of net working capital '?
The net working capital of a corporation is the difference between short-term assets and short-term liabilities (NWC). Positive net working capital indicates that a business has paid its debts and has funds left over to invest in other operational needs, which is fantastic.
Why is net working capital important?
Net working capital is significant because it provides insight into a company's liquidity and determines if it has sufficient funds to meet its immediate obligations. If the net working capital number is zero or higher, the company can meet its immediate obligations.
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Answer:
Substantial
Explanation:
The market segment criteria refer to the fact that segments must be large enough for the firm to make a profit by serving them is generally known as "<u>Substantial</u>." In the substantial, there would be no point in dissipating the marketing budget at a market segment that is inadequately large rather has negligible spending authority. A viable market segment is habitually a homogenous group with precisely determined characters before-mentioned as socio-economic background, age group, as well as brand acumen.
