A(n) ________ Is a Favorable Set of Circumstances That Creates

question 38

Multiple Choice

A(n) ________ is a favorable set of circumstances that creates a need for a new product, service, or business.

• A) idea
• B) scheme
• C) design
• D) proposal
• E) opportunity

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Definitions:

Behavioral Economists

Scholars who study the impact of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions.

Weight on the Future

This key-term may refer to the emphasis or consideration given to future outcomes or consequences in decision-making processes.

Canalization

A concept in genetics and developmental biology referring to the ability of an organism to produce the same phenotype regardless of variability in its environment or genotype.

Myelination

The coating of axons with myelin.