Why Do Diagrams Sometimes Facilitate Problem Solving

question 226

Multiple Choice

Why do diagrams sometimes facilitate problem solving

• A) They aid in the search for analogies. 
• B) They change the representation of the problem. 
• C) They make it easier to execute algorithms. 
• D) They relax constraints on problem solutions.

---

Definitions:

Demand Curve

Illustrates the relationship between the price of a good or service and the quantity demanded by consumers, typically downward sloping.

Relatively Elastic

Describes a situation where a small change in price leads to a greater change in quantity demanded or supplied.

Inelastic

A description of a good's demand when consumers’ demand for it does not significantly change with a change in the good's price.

Total Revenue

The total income received by a firm from its sales of goods or services, calculated as the quantity sold times the price per unit.