Compare and Contrast Convergent Thinking with Divergent Thinking, and Give

question 88

Essay

Compare and contrast convergent thinking with divergent thinking, and give an example of situations or circumstances when each type would be most effective.

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Definitions:

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales.

Average Variable Cost

The total variable cost divided by the quantity of output produced.

Output

The amount of goods or services produced by a company, sector, or economy.

Fixed Cost

Costs that do not vary with the level of output or production, such as rent, salaries, and insurance premiums.