In the Context of a Paradigm's Associated Values and Assumptions

question 11

Multiple Choice

In the context of a paradigm's associated values and assumptions, the axiological value is the _____.

• A) view of nature and nature of reality
• B) outlook on the role and place of values in research
• C) choice of language used to present research findings
• D) belief about how knowledge is gained

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Definitions:

Market Clearing Level

The price and quantity at which supply equals demand, so there is no surplus or shortage in the market.

Surplus

Situation in which the quantity supplied exceeds the quantity demanded.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where supply equals demand.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a specific price over a given period of time.