Which of the Following Is a Component of the Three-Component

question 2

Multiple Choice

Which of the following is a component of the three-component model of creativity?

• A) expertise
• B) logical thinking skills
• C) extrinsic task motivation
• D) intuition
• E) analytical skills

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Definitions:

Annual Profit

The total earnings a company makes in one fiscal year after all expenses and taxes have been subtracted from its total revenue.

Nash Equilibrium

A concept within game theory where each player's strategy is optimal when considering the decisions of other players, leading to a situation where no participant can gain by unilaterally changing their strategy.

Duopolists

Two firms or parties that dominate the market for a particular product or service.

Output Maximization

Output maximization refers to a strategy employed by firms to adjust their production in order to produce the maximum number of goods or services, given their resources.