What Terms Captures an Unlearned,biologically Determined Behaviour Pattern Common to All

question 119

Multiple Choice

What terms captures an unlearned,biologically determined behaviour pattern common to all members of a species that predictably occurs whenever certain environmental conditions exist?

• A) nurture
• B) instinct
• C) culture
• D) social skills

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Definitions:

Long-run Supply Curve

A graphical representation that shows the relationship between the price of a good and the quantity supplied over a period long enough for producers to adjust all of their inputs.

Short-run Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied over a short period, holding some inputs fixed.

Elastic

Describes a situation where the quantity demanded or supplied of a good or service is sensitive to changes in price.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.