The Type of Thinking That Involves Creativity and Exploring New

question 315

Multiple Choice

The type of thinking that involves creativity and exploring new options and unconventional solutions is called

• A) convergent thinking.
• B) divergent thinking
• C) academic thinking.
• D) metacognitive thinking.

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Definitions:

Producer Values

The set of ethical principles and standards that guide the behavior and practices of producers or manufacturers.

Buyer Surplus

Buyer surplus is the difference between the maximum amount a consumer is willing to pay for a good or service and the actual amount paid.

Producer Surplus

The difference between the amount producers are willing to supply a good for and the actual amount they receive (or market price).

Minimum Price

The lowest possible price at which a product or service can be sold, often regulated by governments to protect producers or consumers.