​ in the Long Run, Wages and Prices Are Considered

question 94

Multiple Choice

​ In the long run, wages and prices are considered to be:

• A) ​fixed.
• B)  sticky.
• C) ​flexible.
• D) ​unstable.

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Definitions:

Sanitary Needs

Essential requirements for maintaining health and cleanliness, including access to clean water and proper waste disposal facilities.

Ecological Succession

The process by which the structure of a biological community evolves over time, often following a disturbance, from a simpler level to a more complex one.

Differential Organization

involves the varying structures and functions within an organization that contribute to its overall operation.

Distinct Group

A collection of individuals who are differentiated from others by unique characteristics, values, or behaviors.