The Idea That There Is Only One Path Through Which

question 14

Multiple Choice

The idea that there is only one path through which an organism or society can evolve is called

• A)essentialism.
• B)unilinear evolutionary theory.
• C)equilibrium theory.
• D)fatalism.

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Definitions:

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, often associated with public goods or services.

Price Elasticity

The measure of how the quantity demanded of a good or service changes in response to a change in its price.

Demand

The desire and ability of consumers to purchase goods or services at a given price.

Log(Q)

The natural logarithm of the quantity Q, used in various mathematical, economic, and statistical models to transform data for analysis.