Creativity Is

question 10

Multiple Choice

Creativity is:

• A) The same as innovation
• B) The ability to produce something new and unique
• C) Achieved when an individual calculates something differently
• D) All of the above

---

Definitions:

Substitution Effect

The economic principle that as the price of a good or service rises, consumers will replace it with cheaper alternatives.

Utility

represents the total satisfaction received from consuming a good or service.

Total Utility

The overall satisfaction or fulfillment that a consumer receives from consuming a particular quantity of goods or services.

T-Shirts

A type of clothing characterized by short sleeves and typically made of cotton fabric.