If You Were to Study the Processes, Mechanisms and Strategies

question 59

Multiple Choice

If you were to study the processes, mechanisms and strategies associated with intelligent behaviour, which of Sternberg's subtheories would you be focused on?

• A)contextual subtheory
• B)componential subtheory
• C)practical subtheory
• D)experiential subtheory

---

Definitions:

Increasing-Cost Industry

An industry in which production costs increase as the entire market expands production, often due to finite resources.

Long-Run Equilibrium

A state in which all inputs are variable, enabling firms to make adjustments to output and prices to reach a point where no firm desires to change its production or exit the market.

Increasing Cost Industry

An industry in which production costs increase as output expands, often due to limited resources or other constraints.

Increasing-Cost Industry

An industry in which the costs of production increase as more firms enter the market, typically due to limitations in resources.