Natural Levels Are Preferable to Arbitrary Levels Because

question 46

Multiple Choice

Natural levels are preferable to arbitrary levels because:

• A) arbitrary levels can potentially jumble together artifacts that come from different natural strata and thus different periods of time.
• B) the depth of natural levels is determined by statistical sampling strategies, while arbitrary levels are chosen subjectively.
• C) arbitrary levels follow the natural stratigraphy, which may not be able to distinguish between occupational surfaces.
• D) natural levels are much simpler and faster to excavate than arbitrary levels.

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Definitions:

Competitive Price-Taker

An entity in a market that has no control over the prices at which its products are sold, typically due to intense competition and product uniformity.

Marginal Cost

The cost of producing one additional unit of a product.

Average Total Cost

The total cost of production divided by the quantity of output produced, representing the cost per unit of output.

Profit

The financial gain made in a transaction or the operation of a business after subtracting all expenses.