The Tension Between Stability and Change Is the _____ Dialectic

question 38

Multiple Choice

The tension between stability and change is the _____ dialectic.

• A) autonomy vs.connection
• B) predictability vs.change
• C) openness vs.closedness
• D) none of these

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Definitions:

Profits

The financial gain realized when the revenue earned from business activities exceeds the expenses, costs, and taxes needed to sustain those activities.

Output

The quantity of goods or services produced by a business, industry, or economy within a specific period.

Shutting Down

A short-run decision by a firm to cease production temporarily due to unfavorable market conditions.

Long Run

A period in economics where all factors of production and costs are variable, allowing for full adjustment to changes.