Which of the Following Statements Is Incorrect

question 58

Multiple Choice

Which of the following statements is incorrect?

• A)All culture is learned.
• B)All learned behavior is cultural.
• C)Culture is humankind's "social heredity."
• D)Culture is not biologically inherited.
• E)Culture is transmitted from one generation to the next through enculturation.

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or investment.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Market Value

The existing market price for buying or selling an asset or service.

Accounting Profit

Net income as reported on the financial statements, which includes revenue minus expenses, excluding the cost of capital.