Which of the Following Questions Would Be More Likely to Produce

question 95

Multiple Choice

Which of the following questions would be more likely to produce divergent thinking?

• A) "What is a clothes hanger?"
• B) "How do you spell clothes hanger?"
• C) "How many uses can you think of for a clothes hanger?"
• D) "What does a clothes hanger typically look like?"

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Definitions:

Marginal Revenue

The supplementary income generated by the sale of an extra unit of a product or service.

Market Entry

The process by which a company enters a new market, confronting challenges such as competition, legal requirements, and customer acquisition.

Economic Profit

The difference between the total revenue generated by a business and the total opportunity costs of all resources used in the production process.

Competitive Price-searcher

A market structure where firms have some degree of market power, allowing them to set prices above marginal cost to seek profits, while still facing competition.