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What feature do humans and other primates share that caused Linnaeus and other early taxonomists to group them together?
Total Fixed Costs
The sum of all costs that remain constant regardless of the level of production or sales in a company.
Marginal Cost
The addition to total cost that results from producing one more unit of output.
Diseconomies of Scale
The condition in which a company's costs per unit increase as it produces more units, typically due to inefficiencies that arise with increased size or output.
Diminishing Marginal Returns
A principle stating that as additional units of a variable input are added to a fixed input, the additions to output will eventually decrease.
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