Creativity Is Usually Defined as

question 76

Multiple Choice

Creativity is usually defined as

• A) high intelligence (as defined by a high IQ)
• B) the ability to come up with the most bizarre answer to a problem
• C) the ability to produce novel responses that are valued by others
• D) factual information gained over years of experience

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Definitions:

Demand Curves

Demand curves graphically represent the relationship between the price of a good and the quantity demanded by consumers.

Minimum Wage

is the lowest legal salary that employers can pay workers, set by government law to protect workers from unduly low pay.

Price Support

Government intervention in a market to maintain the price at a certain level, usually done through the purchase of surplus stock or direct subsidies to producers.

Price Floor

A minimum price, set by law or regulation, that must be paid for a good or service; often implemented to protect producers.