Claudia Wants to Send a Fragile Vase to Her Parents

question 7

Multiple Choice

Claudia wants to send a fragile vase to her parents for their anniversary but she can't find any appropriate packing material in her house. She decides to pop some popcorn and use that to pack around the vase. In this case, Claudia has

• A) demonstrated functional fixedness in solving her problem.
• B) effectively utilised the availability heuristic in solving her problem.
• C) overcome functional fixedness in solving her problem.
• D) utilised an elimination-by-aspects strategy to solve her problem.

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Definitions:

Installments

Regular payments made over a period of time to pay off a debt.

Stock Subscription Plan

A financing agreement allowing investors to subscribe to a new issue of stocks, often with payment and delivery at a later date.

Par Value

Par value is the nominal or face value of a bond, share of stock, or other financial instruments, as stated by the issuing company.

Installments

Payments made regularly over a set period of time to settle a debt or purchase, allowing the total cost to be spread out for ease of payment.