__________ Refers to Individual Differences in a Number of Variables

question 16

Multiple Choice

__________ refers to individual differences in a number of variables that place clients at risk for discrimination.

• A) Multiculturalism
• B) Diversity
• C) Cultural tunnel vision
• D) Countertransference

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Definitions:

Long Run

A period in which all factors of production and costs are variable, allowing complete adjustment to changes.

Accounting Profits

The financial gain calculated by subtracting total expenses from total revenues, according to standard accounting practices.

Long-Run Equilibrium

The state in which all factors of production and costs are variable, and firms earn normal profits in a competitive market.

Competitive Firm

A firm operating in a market with many competitors, where prices are determined by supply and demand forces.