The ______ Theory States That the Strength of Ties Between

question 22

Multiple Choice

The ______ theory states that the strength of ties between people,their spatial closeness,and the size of the group affects the quality and richness of communication in groups.

• A)social impact
• B)stakeholder
• C)strength of character
• D)affective forecasting

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Definitions:

Fixed Costs

Expenses that do not change with the level of output or sales over a relevant period, such as rent, salaries, and loan payments.

Short Run

A period in which at least one input, such as plant size or capital equipment, in the production process is fixed.

Long Run

A period in economic theory during which all inputs can be adjusted by firms, allowing them to fully adapt to changes in market conditions or to scale their operations.

Sales

The transactions or activities involved in selling goods or services in return for money or other compensation.