Mark Is an Engineer Who Has Designed a Telecommunications Device

question 53

Multiple Choice

Mark is an engineer who has designed a telecommunications device. He is convinced that there is a big potential market for the device. Accordingly, he has decided to quit his present job and start a company to manufacture and market the device.Property taxes on the building that will be purchased to house the manufacturing facility are:

• A) a product cost
• B) a variable cost
• C) an opportunity cost
• D) a period cost

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Definitions:

Chemical Defenses

Strategies used by organisms to deter predators or pathogens with toxic or noxious substances.

Aposematic

Pertains to the bright coloration or markings of an animal that serve as a warning signal to predators that it is toxic, noxious, or otherwise harmful.

Camouflaged

Describes an organism or object that is disguised by blending in with its surroundings to avoid detection.

Keystone Species

A species on which other species in an ecosystem largely depend, such that if it were removed the ecosystem would change drastically.