Social Norms, Values, Beliefs, and Social Behaviours People Hold Affecting

question 11

Multiple Choice

Social norms, values, beliefs, and social behaviours people hold affecting the community's ability to take collective action is

• A) structural social capital.
• B) cognitive social capital.
• C) management social capital.
• D) affective social capital.
• E) psycho-emotional social capital.

---

Definitions:

Variable Costs

Costs that change as output levels change.

Marginal Costs

The additional cost incurred in the production of one more unit of a good or service.

Fixed Costs

Costs that do not change with the amount of goods or services produced, such as rent, salaries, or insurance.

Accounting Profit

Profits as shown on a company’s financial statements. Accounting profit does not necessarily correspond to real or economic profit.