A System Is Said to Be in Social Equilibrium When

question 2

Multiple Choice

A system is said to be in social equilibrium when:

• A) an action or a change creates unfavorable effects.
• B) a series of rapid changes are made in the system.
• C) its interdependent parts are in dynamic working balance.
• D) some of its parts are working against one another instead of in harmony.

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Definitions:

Substitute Product

A good or service that can replace another to fulfil the same needs or desires, offering an alternative choice to consumers.

Complementary Product

A product that adds value to another primary product, usually leading to increased demand when paired together.

Complementary Brands

Brands that offer products or services that enhance or are necessary for the use of another product, creating mutual demand.

Increase Profits

The action or strategy aimed at boosting a company's earnings above its current levels.