Which of the Following Statements Best Describes System 2 Thinking

question 41

Multiple Choice

Which of the following statements best describes System 2 thinking?

• A) System 2 operates automatically and quickly, with little or no effort and no sense of voluntary control
• B) System 2 allocates attention to the effortful mental activities that demand it, including complex computations
• C) An example System 2 thinking is detecting that one object is more distant than another
• D) An example of System 2 thinking is effortlessly originating impressions and feelings about an event

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Definitions:

Operating Income

Earnings before interest and taxes (EBIT), measuring a company's profit from its operational and regular business activities.

Fixed Costs

Expenses that do not change in relation to the volume of production or sales, such as rent, salaries, and insurance.

Operating Leverage

A measure of the relative mix of a business’s variable costs and fixed costs, computed as contribution margin divided by operating income.

Highly Automated Industries

Sectors where machines and advanced technologies preponderantly perform production and operational processes, reducing human intervention.