________ Is a Decision Maker's Ability to Discover Original and Novel

question 45

Multiple Choice

________ is a decision maker's ability to discover original and novel ideas that lead to feasible alternative courses of action.

• A)Groupthink
• B)Dialectical inquiry
• C)Intuition
• D)Creativity
• E)The illusion of control

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Definitions:

Additional Utils

The extra satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Optimal Consumption

The mix of goods and services purchased that maximizes the utility or satisfaction of a consumer given their budget constraint.

Marginal Utility

The additional pleasure a consumer experiences from acquiring another unit of a product or service.

Marginal Utility Per Dollar

The additional utility gained from spending one more dollar on a good or service.