When We Apply the Solution of an Earlier Problem to a New

question 89

Multiple Choice

When we apply the solution of an earlier problem to a new but similar problem, we are using an

• A)analogy.
• B)algorithm.
• C)analysis.
• D)anagram.

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Definitions:

Rival In Consumption

A characteristic of a good whereby its consumption by one individual diminishes the ability of another individual to consume it.

National Defense

Represents the government's actions and policies aimed at protecting its country from external threats, typically involving military and defense strategies.

Excludable

A characteristic of a good or service that allows its owner to prevent others from using it without permission.

Rival In Consumption

A term indicating that the consumption of a good or service by one person diminishes the ability of another person to consume the same good or service.