For Albert Einstein, Many of His Ideas Just Popped into His

question 41

Multiple Choice

For Albert Einstein, many of his ideas just popped into his head while he was sailing. This represents which source of research ideas?

• A) Serendipity
• B) Theory
• C) Everyday occurrence
• D) Inspiration

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Definitions:

Perfect Substitutes

Goods that can completely replace each other in consumption, resulting in consumers being indifferent to which product they consume.

Income Elasticity

A measure of how the demand for a good or service changes with a change in the consumer's income.

Bagels

A type of bread product originating from the Jewish communities in Poland, known for their dense, chewy texture and hole-in-the-center shape.

Demand Function

An equation that relates the quantity of a good demanded by consumers to its price and other factors like income and prices of related goods.