Payments Higher Than Necessary to Call Forth a Resource Are

question 139

Multiple Choice

Payments higher than necessary to call forth a resource are known as _____.​

• A)profit
• B)rents
• C)consumer surplus
• D)opportunity costs
• E)subsidies

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Definitions:

Risk Society

A risk society is a society defined by the way risk is distributed as a side effect of technology.

Technopoly

A form of social organization in which technology compels people to try to solve all problems using technical rather than moral criteria, even though technology is often the source of the problems.

Scientific Principles

Fundamental concepts or laws that serve as the foundation for scientific investigation and the acquisition of new knowledge.

Human Life

The existence of a human being, characterized by activities, experiences, growth, and interactions within a societal and environmental context.