Jane Is Given an Anagram to Solve: DFROJ in Attempting

question 42

Multiple Choice

Jane is given an anagram to solve: DFROJ In attempting to solve the anagram,Jane takes out a sheet of paper and methodically begins to write down every possible combination of these five letters: DFRJO,DFJOR,DFJRO,DFORJ,and so forth Jane's strategy would be described as

• A)a heuristic.
• B)means-end analysis.
• C)an algorithm.
• D)working backwards.

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Definitions:

Research and Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Expected-Rate-of-Return Curve

A graphical representation that illustrates the relationship between the expected return of an investment and its associated risk.

Interest-Rate Cost-of-Funds Curve

A curve that illustrates the relationship between the interest rates on loans or deposits and the total amount of funds borrowed or lent.

MB = MC Decision Framework

A decision-making process where an action is taken if the marginal benefit (MB) is equal to or greater than the marginal cost (MC).