Which of the Following Is Not Correct with Regard to the Eocene

question 51

Multiple Choice

Which of the following is not correct with regard to the Eocene epoch?

• A)Primates lived mainly in North America,Europe,and Asia.
• B)A few primates lived in Africa.
• C)All primates disappeared from North America by the end of this epoch.
• D)The primates initially spread widely and then almost disappeared toward the end of the Eocene.
• E)Primates first became established in Australia during this time.

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Definitions:

Fixed Resource

An asset or input whose quantity cannot be altered in the short run for the production of goods and services.

Explicit Costs

Direct, out-of-pocket payments for inputs or resources used by a business, easily identifiable and recorded.

Entrepreneurial Talent

The unique set of skills, insight, and intuition possessed by individuals that enables them to identify and exploit new business opportunities.

Forgone Interest

The potential interest income lost when capital is invested in one project instead of being deposited in a savings account or invested in an alternative project.