A Behavior Pattern That Is Fixed, Unlearned, and Found in Almost

question 85

Multiple Choice

A behavior pattern that is fixed, unlearned, and found in almost all members of a species is called ________.

• A)impossible
• B)a reflex
• C)an instinct
• D)routine

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Definitions:

Economic Profit

The total revenue of a business minus its explicit and implicit costs, including opportunity costs.

Raw Materials

Basic substances in their natural, modified, or semi-processed state, used as inputs for production.

Annual Rate of Return

The percentage of profit or loss on an investment over a one-year period.

How Much Decision

A consumer's determination of the quantity of a good or service to purchase, balancing the marginal utility and the price.