Use the Following Diagram to Answer the Following Questions

question 67

Multiple Choice

Use the following diagram to answer the following questions.

-Refer to Diagram 6-1. In the absence of governmental policies the level of output will be:

• A) Q₁.
• B) Q₂.
• C) Q₃.
• D) between Q₂ and Q₃.

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Definitions:

Continuity/Discontinuity

A fundamental issue concerning the process of development that addresses the extent to which development tends to be continuous, consisting of the gradual accumulation of small changes, and the extent to which it is discontinuous, involving a series of abrupt, radical transformations.

Development

The process of growth or progress, often marked by a series of changes or stages, in the context of individuals, societies, or organisms.

Gradual

describes a process happening in small degrees, steps, or stages over a period, rather than suddenly.

Continuous Process

An operation or production system where input materials are continuously fed and processed, resulting in a continuous output.