In Functional Fixedness

question 17

Multiple Choice

In functional fixedness,

• A) if an object has one particular function, we realize that the object can also be used in other capacities.
• B) we realize that a problem can be solved most efficiently by the hill-climbing heuristic.
• C) we rely too heavily on bottom-up processing.
• D) we assign a particular use to an object, and that use tends to remain stable.

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Definitions:

Economic Income

The total value of all income received over a period of time, including wages, rents, profits, and transfer payments.

Taxable Income

The amount of income used to calculate how much tax an individual or a company owes to the government in a specific period.

Benefits-Received Principle

The concept that those who benefit from government services should pay taxes in proportion to the amount of benefits they receive.

Fairness

In economics, fairness often relates to the equitable distribution of resources and outcomes among diverse groups of people.