________ Is Change That Occurs Randomly and Suddenly Without the Specific

question 76

Multiple Choice

________ is change that occurs randomly and suddenly without the specific intention of addressing a problem.

• A)Planned
• B)Unplanned
• C)Revolutionary
• D)Evolutionary

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Definitions:

Purchasing Power

The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute one good for another.

Diet Soda

is a low-calorie or zero-calorie carbonated beverage made with artificial sweeteners instead of sugar.

Substitution Effect

The change in consumption patterns due to a change in price, leading consumers to substitute one product for another.