Which of the Following Best Describes the Condition of Steady-State

question 118

Multiple Choice

Which of the following best describes the condition of steady-state equilibrium?

• A)system inputs always exactly balance outputs so the system never changes.
• B)system inputs and outputs fluctuate around a stable average so the system does not move far from its average condition.
• C)system inputs produce large,random fluctuations in output,forcing the system into a new state of equilibrium.
• D)systems slowly adjust to long-term changes in input and output.
• E)system inputs and outputs do not change and the average remains the same over time.

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Definitions:

Delegation

The act of transferring responsibility and authority from one person to another while maintaining accountability for the outcome.

Novation

The act of replacing an obligation to perform with a new obligation, or substituting a new party into an existing contract.

Successive Assignments

The process of transferring rights or duties from one party to another over a series of transactions.

Obligor

The party in a contractual agreement who is bound or obligated to perform a duty or payment to the obligee.