Select the Word or Phrase That Best Matches the Definition

question 3

Multiple Choice

Select the word or phrase that best matches the definition or example.
-The continuance of gathering and hunting societies in substantial areas of the world despite millennia of agricultural advance.

• A)Paleolithic persistence
• B)Igbo
• C)Iroquois
• D)Timur
• E)Fulbe
• F)Ming dynasty China
• G)Zheng He
• H)European Renaissance
• I)Ottoman Empire
• J)seizure of Constantinople in 1453
• K)Safavid Empire
• L)Songhay Empire
• M)Timbuktu
• N)Mughal Empire
• O)Malacca
• P)Aztec Empire
• Q)Inca Empire

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Definitions:

Marginal Cost

The added cost of producing one additional unit of a product or service.

Labor Costs

The total amount of money businesses have to pay to their employees for work done, including wages, salaries, and benefits.

Marginal Cost

The increase in cost resulting from the production of an extra good or service unit.

Total Cost

The sum of all costs associated with the production of a given quantity of output, including both fixed and variable costs.