Which of the Following Statements Is the BEST Summation of Evolution

question 146

Multiple Choice

Which of the following statements is the BEST summation of evolution?

• A) the concept that all organisms fit together in a harmonious ecosystem
• B) the idea that children develop in a way that parallels the development of the human species
• C) the idea that species change over time and are descended from common ancestors
• D) the idea that change in a species can occur within a generation

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Definitions:

MC

Marginal Cost refers to the additional total cost incurred from the production of one more unit of a product or service.

Marginal Costs

Marginal Costs represent the change in total cost that arises from producing one additional unit of a good or service.

Average Variable Costs

The cost per unit of variable inputs divided by the total output, indicative of the average amount spent on variable costs per unit of output produced.

TFC

Total Fixed Cost, which is the sum of all costs that remain constant regardless of the level of production or output.