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The Process by Which Social Behaviors at the Community and Societal

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The process by which social behaviors at the community and societal level become patterned and regularized and thereby protected by performance of the pattern maintenance function is


Definitions:

Larger Profits

An increase in the surplus remaining after total costs are deducted from total revenue, indicating greater financial success for a business.

Variable Costs

Costs that vary with the quantity of output produced.

Average Total Cost

The total cost of production divided by the quantity of output produced, representing the per-unit production cost.

Rising Prices

A situation where the general level of prices for goods and services in an economy increases over a period of time.

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