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Darla Was Struggling to Solve a Difficult Problem So She

question 239

Multiple Choice

Darla was struggling to solve a difficult problem so she took a break to have lunch.As she was having lunch the solution to the problem suddenly occurred to her when she wasn not even consciously thinking about it.Darla experienced the ___________ effect.


Definitions:

Economic Efficiency

A state in which resources are allocated in a way that maximizes the total benefit received by society from those resources.

Consumer Surplus

The divergence between the price consumers are willing to pay and what they really spend on a good or service.

Floor Price

The minimum price set by regulation, often by the government, below which a commodity cannot legally be sold in the market.

Market Supply

The total amount of a specific good or service that is available to consumers in a market at a given time and price.

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