Examlex

Solved

Which of the Following Was Probably the Least Important Factor

question 12

Multiple Choice

Which of the following was probably the least important factor in bringing about the Cambrian explosion?


Definitions:

Average Cost

The cost per unit of output, calculated by dividing the total cost of production by the number of units produced.

Marginal Cost

The additional cost incurred in producing one more unit of a good or service.

Variable Cost

Costs that change in proportion to the level of production or sales activity of a business.

Total Cost

The overall expense incurred in the production of goods or services, including both fixed and variable costs.

Related Questions