Which of the Following Is a Characteristic of Formal Reasoning

question 89

Multiple Choice

Which of the following is a characteristic of formal reasoning?

• A) The information needed to solve the problem may be unclear or missing.
• B) There is typically one correct answer.
• C) You often need to decide which of the many possible solutions is the most "reasonable."
• D) It is a type of nonconscious responding.

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Definitions:

Consumer Surplus

The gap between the total sum consumers are prepared and financially able to spend on a good or service and the sum they actually spend.

Legal

Pertaining to or conforming to the laws of a country or the legality of a situation or activity.

Efficient Output Level

The quantity of output at which a firm's average total cost is minimized.

Units

Basic quantities or measurements used as a standard to express the amount, level, or size of something.