Electronic Brainstorming Generates More Ideas Than Regular Brainstorming Groups Because

question 17

Multiple Choice

Electronic brainstorming generates more ideas than regular brainstorming groups because:

• A) people can evaluate ideas of other group members.
• B) the size of the group is generally large.
• C) more talented people can participate.
• D) people participate anonymously.

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Definitions:

Binding Price Ceiling

A government-imposed limit on the price of a product or service that is set below the market equilibrium, leading to shortages and a decrease in supply.

Producer Surplus

The difference between the amount that producers are willing and able to sell a good for and the actual amount they receive due to market price.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given time period.

Opportunity Cost

The relinquishment of possible advantages from alternate options upon making a choice.