Which Statement Is FALSE

question 24

Multiple Choice

Which statement is FALSE?

• A)The great diversification of animals occurred during the Cambrian explosion.
• B)For most of biological history, life was confined to aquatic habitats.
• C)The evolution of multicellularity took place after the origin of the eukaryotes.
• D)The first organisms to colonize land were animals.

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Definitions:

Opportunity Cost

The expense incurred by not choosing the second-best option when making a decision.

Scarcity

The basic economic issue arises from endless human desires and needs in a context of scarce resources.

Full Production

The level of production where a company or economy is maximizing its use of resources and operating at its highest efficiency.

Full Employment

Refers to the condition in the labor market where virtually all who are willing and able to work at prevailing wage rates are employed.