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The "Hardwired" or Inherited Set Response Patterns That Are Described

question 23

Essay

The "hardwired" or inherited set response patterns that are described for a male cheetah spraying a pheromone to mark its territory,a bee performing a waggle dance,or a cricket singing to sort out mates,are
A)symbol systems.
B)inherited systems that are evolutionarily adaptive.
C)the sociobiological roots of our language system.
D)altruistic adaptations to improve the general environment.
E)languages similar to human languages in variability and learning requirements.

Comprehend the role of implicit and explicit costs in business decision-making.

Analyze how firms calculate total cost and the impact of various costs on business profitability.

Identify the factors influencing firm’s short-run and long-run operational decisions.

Understand the implications of opportunity costs and how they relate to implicit costs.

Definitions:

Marginal Rate

Often referred to in the context of taxes or production, indicating the rate of increase or the additional cost or benefit of producing one more unit of a good.

Technical Substitution

The process of replacing one input or factor of production with another to maintain the same level of output.

Marginal Product

The additional output that results from adding one more unit of a specific input, keeping all other inputs constant.

Slope

In mathematics and economics, it represents the rate at which one variable changes over the change in another variable, often depicted in graph form.