Miguel Is Attempting to Reach a Pitcher on the Top

question 184

Multiple Choice

Miguel is attempting to reach a pitcher on the top shelf of his kitchen but cannot find a stool to stand on.Miguel appears puzzled for a few seconds and then uses a long set of tongs to grasp the pitcher and pull it down.What was the secret of Miguel's success?

• A) He increased his mental effort.
• B) He better formulated his problem.
• C) He broke out of functional fixedness.
• D) He allowed himself more thinking time.

Identify the role of nonrenewable resources in production and their contrast with renewable resources.

Differentiate between human capital and physical capital and their contribution to productivity.

Comprehend the principles of real GDP and its correlation with population and productivity.

Grasp the concept of constant returns to scale and its implications for economic output.