Which of the Following Types of Change Is Rapid, Dramatic

question 69

Multiple Choice

Which of the following types of change is rapid, dramatic, and broadly focused?

• A) Social change
• B) Cultural change
• C) Structural change
• D) Revolutionary change
• E) Evolutionary change

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Definitions:

Marginal Utility

The increase in happiness or usefulness experienced by a consumer when one more unit of a good or service is consumed.

Good A

A placeholder term that typically represents a general or unspecified item in economic models or discussions.

Good B

A term representing a specific product or service under consideration in an economic model or market analysis.

Marginal Utility

The increased fulfillment or advantage obtained by using one more unit of a good or service.