Use the Following to Answer Questions

question 71

Multiple Choice

Use the following to answer questions .
Exhibit: Economic Adjustments
-(Exhibit: Economic Adjustments) Short-run but not long-run equilibrium positions occur at points

• A) a and b.
• B) b and c.
• C) c and d.
• D) a and c.

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Definitions:

Perpetuate

To make something continue indefinitely; to cause to last or to be remembered or celebrated for a long time.

Diffusion

The process by which an innovation is communicated through certain channels over time among the members of a social system.

Cultural Change

The modification of a society's cultural patterns, including norms, values, behaviors, and expressions.

Innovation

the introduction of new ideas, products, services, or processes that improve upon the existing state of art or knowledge.