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In Solving Problems,Newell and Simon (1972)have Suggested That Individuals Solve

question 76

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In solving problems,Newell and Simon (1972) have suggested that individuals solve problems by exploring the various pathways to a solution which may or may not lead to a solution,but which seem to be worthy of investigation by the problem solver.What is their term for the set of possible pathways problem solvers use


Definitions:

Capital

Financial assets or resources that individuals or businesses use to invest, produce, and create economic value.

Technology

The technological knowledge available in an economy at any given time. The level of technology determines the amount of output we can generate with our limited resources.

Law of Comparative Advantage

The principle that a country should specialize in producing and exporting goods in which it has the lowest opportunity cost compared to others.

Attorney

A professional authorized to practice law, representing and advising clients in legal matters and disputes.

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