Social Construction, as Applied to Science

question 54

Multiple Choice

Social Construction, as applied to science,

• A) Refers to the progressive nature of science
• B) Refers to hypothesis testing
• C) Refers to the claim that science deals with the beliefs of scientists, rather than reality
• D) Refers to shifts in world beliefs

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Definitions:

Net Present Value

The measurement of the profitability of an investment, calculated by subtracting the present values of cash outflows from the present values of cash inflows over a period of time.

Contribution Margin

The amount by which a product's sales exceed its variable costs, contributing towards covering fixed costs and generating profit.

IRR

Internal Rate of Return; a metric used in financial analysis to estimate the profitability of potential investments.

Base-Case

A scenario used as a benchmark in analysis, representing the default or most likely set of assumptions.