The Generalized Capacity for Flexible and Resourceful Adaptation to Stress

question 65

Multiple Choice

The generalized capacity for flexible and resourceful adaptation to stress is referred to as:

• A)coping-skill
• B)play-quotient
• C)ego-resiliency
• D)combating-depression

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Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operations and output increases.

Making a Profit

The financial gain obtained when the revenue generated from a business activity exceeds the expenses, taxes, and costs associated with maintaining the operation.

Breaking Even

The point at which total costs and total revenue are equal, meaning no net loss or gain has been made.

Taking a Loss

A situation where a business or individual sells an asset for less than its purchase price, resulting in a financial deficit.