Thomas Kuhn Argued That Scientific Progression Occurs by Paradigm Shifts

question 51

Multiple Choice

Thomas Kuhn argued that scientific progression occurs by paradigm shifts. A paradigm is:

• A) a scientific method and the technology that supports it.
• B) a scientific record keeping method.
• C) a scientific theory and the core of beliefs that surround it.
• D) a way of understanding without evidence.

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Definitions:

Contingent Payment

A payment that is due only if specific conditions are met, typically used in agreements where future outcomes can influence the amount or timing of the payment.

Cash Flows

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Probability-Weighted

An approach to forecast future outcomes which involves assigning probabilities to different possible events and calculating expected values.

Time Value

The concept that money available now is worth more than the same amount in the future due to its potential earning capacity.