Monopolies are the only provider, they can set pretty much any price they choose, regardless of demand, because they know the consumer has no choice. They can also supply inferior products
The period of cognitive development that follows the concrete operational stage is: the formal operational stage.
<h3>What is
Piaget's Stages of Development?</h3>
The Piaget's stages of development is a theory of development that was postulated by Jean Piaget, a cognitive theorist. The theory stated four different stages explaining how a child grows up. each of the stages involves milestones and skills a child develops.
The Piaget's stages of development are:
- The sensorimotor stage (0 - 2 years)
- The preoperational stage (2–7 years)
- The concrete operational stage (7–11 years)
- The formal operational stage (12+ years)
Therefore, the period of cognitive development that follows the concrete operational stage is: the formal operational stage.
Learn more about the Piaget's stages of development on:
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A.
They disagreed on the content of the Five Pillars.
Explanation:
A) If a person bought a bond, they received a paper for a certain weight of gold. In the early days of our nation, the Colonial Government was looking for a way to finance its wartime operations, so it sold bonds.
--- TRUE
B) Traders would meet on what was once a farmer's market area known as Wall Street in New York.
--- TRUE
C) The Belgium Stock Exchange began with a handful of men standing in front of a buttonwood tree near the Trinity Church in East Manhattan after the American Revolution.
--- FALSE
The stock market in Belgium started back as far as in the 13th century when traders and merchants gather together to do business.
D) In addition to bonds, the banks sold little parts of their banks to whomever had the money and the desire to own a share in the business.
--- TRUE
