Which of the Following Is True of Critical Thinking

question 16

Multiple Choice

Which of the following is true of critical thinking?

• A)It means that an individual sits back and criticizes every idea or person that comes his way.
• B)It is a skill that does not require practice to develop.
• C)It requires the person to ignore both weaknesses and strengths in taken-for-granted ways of doing things.
• D)It requires the person to demonstrate some level of understanding of the varying positions one might take on any given issue,even if he doesn't agree with those positions.
• E)Assumptions,actions,values,and other factors that influence a particular way of being or doing,are ignored totally.

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Definitions:

Per Unit Tax

A tax levied on goods that is fixed in amount for each unit produced or sold.

Consumer Surplus

The gap in the total funds consumers are willing and financially prepared to allocate for a good or service, versus the funds actually allocated.

Producer Surplus

The difference between the amount producers are willing to supply a good for and the actual amount they receive when the good is sold.

Producer Surplus

The gap highlighting the difference between the initial asking price by sellers for goods or services and the ultimately received price.