In the Long Run

question 446

Multiple Choice

In the long run

• A) all inputs can be varied.
• B) all inputs are fixed.
• C) some inputs are variable and other inputs are fixed.
• D) output is fixed.

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Definitions:

Social Institutions

Established systems within a society that structure behavior and interactions according to collective goals and norms, such as family, education, religion, and the economy.

Gender Inequality

The social, economic, and cultural condition in which genders are not treated equally, leading to disparities in access, rights, and opportunities.

Self-Actualization

is the process of realizing and fulfilling one's potential and capabilities, often considered the highest stage of psychological development in Maslow's hierarchy of needs.

Societal Organization

The structured ways in which societies are organized around relationships of governance, production, distribution, and social interaction.