The Definition "'Pre-Socratic Philosopher' Means Someone Such as Thales, Anaxagoras

question 99

Multiple Choice

The definition "'Pre-Socratic philosopher' means someone such as Thales, Anaxagoras, Parmenides, or Heraclitus" is an example of:

• A) A definition by subclass.
• B) A definition by genus and difference.
• C) An enumerative definition.
• D) A synonymous definition.
• E) A philosophical definition.

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Definitions:

Long Run

A period in economics where all factors of production and costs are variable, and firms can enter or exit the market.

Perfect Competitor

A theoretical market structure where numerous small firms produce identical products, allowing no single firm to affect the market price.

Long Run

In economics, this term describes a period in which all factors of production and costs are variable, allowing full adjustment to any change.

Total Profit

The financial gain made after subtracting all expenses from total revenue.