The Social Construction of Reality Assumes That Knowledge Is

question 48

Multiple Choice

The social construction of reality assumes that knowledge is

• A)created by humans.
• B)an obscurantist phenomenon.
• C)objective reality.
• D)universally invariant.

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Definitions:

Marginal Revenue Product

The increased earnings resulting from the utilization of one more unit of either labor or capital.

Wage

The price paid for the use or services of labor per unit of time.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing to buy at various prices.

Labor Services

The physical and mental efforts that people contribute to the production of goods and services.