Greg Ponders Over a Math Problem

question 34

Multiple Choice

Greg ponders over a math problem. He looks, frowns, and several minutes pass as he continues to study and shuffle his papers. All at once, he smiles, returns to the original question and writes down the correct answer. The suddenness of Greg's solution best exemplifies

• A) functional fixedness.
• B) insight.
• C) problem representation.
• D) transfer.

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Definitions:

Techniques of Production

The methods and processes used by firms to produce goods and services efficiently.

Price of Output

The amount of money that a firm receives from the sale of goods and services it produces.

Price of Inputs

The cost associated with the resources used in the production of goods and services.

Marginal Cost

The cost added by producing one extra item of a product.