The Use of ________ Refers to the Process of Finding

question 120

Multiple Choice

The use of ________ refers to the process of finding similar structures between two problems and thus finding similarities between their solutions.

• A)heuristics
• B)algorithms
• C)mental sets
• D)analogies

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Definitions:

Factory Size

The physical dimensions or capacity of a manufacturing facility, which may influence its output, efficiency, and employment levels.

Average Costs

The total cost of production divided by the number of goods produced, used to calculate the cost on a per-unit basis.

Diseconomies of Scale

A condition in which a company or business grows so large that the costs per unit increase.

Marginal Cost Curve

A graph that shows the change in the total cost of producing one additional unit of a product or service.