________ Is a Strong, Parallel Alignment of Different Mineral Bands

question 4

Multiple Choice

________ is a strong, parallel alignment of different mineral bands in a metamorphic rock.

• A) Rock cleavage
• B) Foliation
• C) Stress streaking
• D) Marbleizing

Recognize the characteristics and benefits of different savings and retirement plans.

Know the annual audit percentage for tax filers and implications.

Comprehend the tax implications of excise taxes on specific goods and services.

Identify the differences between types of income and how they are taxed.

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Definitions:

Diminishing Returns

The principle that says as more of a variable input is added to a fixed input, the incremental gain in output will eventually decrease.

Normal Profits

The level of profit that is necessary to cover the costs of a firm, including the opportunity costs of capital, ensuring the firm remains in business.

Implicit Cost

The opportunity cost equal to what a firm must give up in order to use resources it already owns, without paying rent or purchasing them.

Economic Profits

The difference between a firm's total revenue and its total costs, including both explicit and implicit costs.